Bitcoin Jumps 3% to $86,500 After SEC Signals New Crypto Rules
- —Bitcoin gained 3% overnight to trade above $86,500
- —SEC announced new crypto rules after CLARITY Act rejection
- —Atkins called crypto a multi-trillion-dollar asset class
- —Markets await US unemployment and wage data
Why it matters: Regulatory clarity from the SEC reduces the risk of sudden restrictions and could accelerate institutional inflows into bitcoin.
Source: Newsbit