The crypto market experienced a massive $135 billion capital influx, forcing $400 million in short liquidations in a classic short squeeze. This surge was primarily catalyzed by regulatory momentum in the US: with federal legislation like the CLARITY Act stalled, agencies stepped in independently—most notably through SEC conditional relief for tokenized stock trading on DeFi networks and clear rulemaking from the CFTC, bolstering institutional confidence.
While the Federal Reserve’s restrictive monetary policy and an anticipated 25 basis point rate hike present ongoing macroeconomic pressure, traders are prioritizing regulatory progress over high interest rates. If Bitcoin secures $80,000 as a new support baseline, momentum could transition into a sustained, spot-driven expansion.
$NVDAB
$NVDA.US
$GOOGL.US
While the Federal Reserve’s restrictive monetary policy and an anticipated 25 basis point rate hike present ongoing macroeconomic pressure, traders are prioritizing regulatory progress over high interest rates. If Bitcoin secures $80,000 as a new support baseline, momentum could transition into a sustained, spot-driven expansion.
$NVDAB
$NVDA.US
$GOOGL.US
