Bitcoin hits $65,500 as US spot ETFs see $600M inflows amid regulatory progress
Bitcoin reached a two-week high near $65,500, gaining 1% daily and 5% weekly, supported by $600 million inflows into US spot Bitcoin ETFs over five days. Ethereum and other major cryptos also advanced, while Bitcoin derivatives trading surged. Optimism grew after President Trump agreed to an ethics provision in the CLARITY Act, potentially easing crypto regulation. Market watchers now eye a possible Bitcoin rally toward $80,000 in the coming months, with key support at $65,000 holding strong.
Bitcoin reached a two-week high near $65,500, gaining 1% daily and 5% weekly, supported by $600 million inflows into US spot Bitcoin ETFs over five days. Ethereum and other major cryptos also advanced, while Bitcoin derivatives trading surged. Optimism grew after President Trump agreed to an ethics provision in the CLARITY Act, potentially easing crypto regulation. Market watchers now eye a possible Bitcoin rally toward $80,000 in the coming months, with key support at $65,000 holding strong.
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