Regulation· ★★★★· bullish·

Bitcoin breaks $81,000 after CFTC sends crypto rules to White House

  • BTC's intraday high was $81,238, up more than 5% in 24 hours
  • $238 million in BTC shorts were liquidated, $470 million across the market
  • The CFTC sent draft crypto rules to the White House for review
  • Daily inflows into US spot bitcoin ETFs were about $154 million
Why it matters: The return above $80,000 after the CLARITY Act's failure shows the market is betting on SEC and CFTC regulatory action bypassing Congress.
Source: Bitcoin.com