Bitcoin price holds above $65.5K threshold as world’s largest futures exchange plans to launch BTC trading Bitcoin’s price rally on Wednesday was shocking, steered by the April Consumer Price Index data release in the US. Speculation andmarket sentimentinspired the surge as traders and investors interpreted the news of softened inflation as a signal that central banks may maintain loose monetary policy, which could benefit riskier assets like Bitcoin.
Senate votes to overturn SEC rule preventing highly regulated financial firms from custodying digital assets In a decision that received bipartisan support, the Senate aligned with the House of Representatives in voting to overturn controversial SAB-121 rule on Thursday.
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