
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