onebigbeautifulbill

米国議会が暗号通貨市場に関する規制努力を続ける中、二つの重要な法案が立法過程を経ています: #GENIUS 法と#CLARITY 市場構造法案です。これらの法案は、デジタル資産に関する明確な規制枠組みを設定するための継続的な努力の一環として、ステーブルコインの規制や市場の透明性などの重要な懸念に対処することを目的としています。上院が暗号通貨に対する監視を強化する中、これらの法案はこのセクターに対するより明確なルールを設定するための高まる圧力を反映しています。

Key takeaways:
Bitcoin rallied above $109,000 as the global money supply reached new highs.
BTC open interest rose by 10% amid a strong Coinbase Premium and stable funding rate, pointing to spot demand.
Multiple technical indicators suggest a major breakout is underway, with analysts eyeing a $137,000 Bitcoin price.
Bitcoin $BTC $110,257 price jumped on Wednesday, rising by 3.6% and reaching $109,730 for the first time since June 12. The recovery occurred at the back of the global money supply (M2), reaching a new all-time high above $55 trillion. If Bitcoin closes the daily candle above $108,500, it will confirm a strong bullish engulfing pattern, increasing the likelihood of new highs sooner rather than later.

Bitcoin open interest jumps over 10% during rally
Bitcoin’s recent price jump to $109,500 from $105,200 was outlined by a sharp rise in derivatives activity, pointing to renewed momentum. Open interest (OI) across major futures exchanges surged by 10%, or approximately $3.2 billion, signaling a substantial influx of capital into the market. The increase was primarily driven by long positions, suggesting confidence in further upsideBitcoin price, aggregated open interest, funding rate, and Coinbase premium. Source: Velo.chart
Despite the uptick in price and OI, funding rates remained stable across perpetual futures markets. This indicates a balanced sentiment between long and short traders, and more importantly, that the rally was not driven by excessive leverage. From a bullish standpoint, stable funding during a price increase implies that the uptrend may be more sustainable.
A notable short squeeze accompanied the move, with over $196 million in short positions liquidated within the past 12 hours. This liquidation cascade likely accelerated Bitcoin’s push past key resistance levels.
Further validating the buy-side strength, the Bitcoin Coinbase Premium Index stayed elevated throughout the move. This metric, which tracks the price difference between Coinbase and other major exchanges, suggests consistent spot buying pressure from US-based institutional and retail investors, adding weight to the bullish case.
#BTCReclaims110K #TrumpVsMusk $XRP $BNB #REX-OSPREYSolanaETF #OneBigBeautifulBill