Bitcoin Surges Above $78,000 as Senate Advances Stablecoin Legislation

BTC0.62%

Bitcoin recovered from a midweek dip to $75,500 to climb back above $78,000 by Saturday morning in Asia, according to market data. The recovery coincided with the Senate’s passage of a stablecoin yield compromise, which removed a key roadblock to crypto market structure legislation.

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Comment
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PaperHandsProvip
· 3h ago
$75,500 to $78,000, repaired over the weekend during Asian hours, key resistance level depends on whether it can hold.
View OriginalReply0
ReboundAtTheStreetCornerAftervip
· 3h ago
The Senate has passed a compromise plan for stablecoin yields, and the structural positive news has finally been implemented. This wave of BTC rebound is considered to be policy-driven.
View OriginalReply0