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Episode briefing / Crypto News Today

Why Bitcoin Is Surging Above $80K

14 min
Why Bitcoin Is Surging Above $80K | North Korea Steals 7,000 Wallet Records | Binance MiCA Bid Faced ECB Pressure | Daily Crypto Roundup. episode artwork
Why Bitcoin Is Surging Above $80K | North Korea Steals 7,000 Wallet Records | Binance MiCA Bid Faced ECB Pressure | Daily Crypto Roundup.
01 / Episode briefing

Episode notes

Bitcoin has reclaimed $80,000 after the CLARITY Act failed and the Federal Reserve raised rates. The rally reflects expected bad news failing to break support, fresh SEC and CFTC relief, $159.5 million returning to spot Bitcoin exchange-traded funds and approximately $232 million of Bitcoin shorts being liquidated.

Also covered: North Korea-linked WaterPlum stealing more than 7,000 cryptocurrency-wallet records, reported European Central Bank intervention in Binance’s Greek MiCA application, Solana cutting target slot time to 250 milliseconds, and Hong Kong planning 24/7 wholesale CBDC settlement.

Listener question: Would you buy a rally driven partly by bad news failing to hurt Bitcoin, or wait for 2 or 3 more positive exchange-traded-fund flow days?

Availability and eligibility vary by region. The 20 XRP is supplied by Crypto News Today, not Kraken.

More cryptocurrency news and analysis: CryptoNewsToday.io

#Bitcoin #BTC #CryptoMarket #BitcoinETF #FederalReserve #CLARITYAct #NorthKorea #WaterPlum #Binance #MiCA #Solana #HongKong #CBDC #CryptoNews #DailyCryptoRoundup

These notes are supplied by Crypto News Today and are not a transcript. No separate source links were supplied with this edition.