Bitcoin Surges Past $78K as CFTC Chair Sends Clear Message on Regulatory Clarity
The crypto market is surging, with Bitcoin (BTC) breaking through the $78,000 mark after an 8.5% gain in the past 24 hours.
This rally has seen BTC climb from under $62,000 to fresh multi-month highs in a matter of days, with the broader market following suit as Ethereum (ETH) approaches $2,400 and altcoins post double-digit gains.
The catalyst behind this surge is largely attributed to the combination of macro liquidity, political support, and a clear message from CFTC Chair Michael S. Selig on the CLARITY Act.