Bitcoin Surges Above $81,000 as Regulators Re-Evaluate Crypto Approach

The price of Bitcoin has surpassed $81,000 on Monday, maintaining its momentum from last week's surge. This comes as US financial regulators are re-evaluating their approach to crypto assets following the failure of the CLARITY Act.

Venice Token and NEAR Protocol have also seen significant gains in recent days, with Venice reaching a record high of $31.40 and NEAR breaking through $4.00 for the first time since its launch last week.

The failed legislation has prompted regulators to use existing statutory powers to shape crypto rules, leading to an increase in investor demand for digital assets.