✉news BusinessCrypto first seen 10 h ago, last 8 h ago, peak #5
Bitcoin Holds Above $85,000 After US Regulatory Shifts
Original: Bitcoin Holds Above $85,000 As Treasury Drops Wallet Reporting Plan, CFTC Proposes Crypto Rules
Bitcoin is trading above $85,000 following two regulatory developments in the United States. The Treasury Department has dropped a plan that would have required reporting on crypto wallets, while the CFTC has proposed new rules for the crypto market. Traders see the moves as a sign of a friendlier regulatory environment, supporting the price.
Why now: Two US regulatory announcements in one day directly affect crypto markets and sentiment.
BitcoinUS Treasury DepartmentCFTC
Rank over time, top of the chart is #1. 2 snapshots from 10 h ago to 8 h ago.
Evidence
- Bitcoin Holds Above $85,000 As Treasury Drops Wallet Reporting Plan, CFTC Proposes Crypto Rules · Stocktwits
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