Bitcoin Rides Regulatory Optimism Amid Macro Event Uncertainty

Bitcoin (BTC) held above $81,000 on Monday as investors await key catalysts that could propel the market forward.

The cryptocurrency's price has been steadily rising since last week's dip below $76,000, with spot Bitcoin ETFs experiencing a significant rebound in demand.

Regulatory developments, particularly the U.S. Securities and Exchange Commission's (SEC) Innovation Exemption, have contributed to improving sentiment across digital assets.

The exemption allows qualifying venues to operate under temporary conditional relief while the SEC considers longer-term rules for tokenized securities.

This week's market will be shaped by upcoming macro events, including U.S. flash PMI data and Federal Reserve speeches that could impact rate expectations.