Bitcoin rebounds above $80,000 despite regulatory and Fed headwinds
Bitcoin recovered to over $80,000 on Friday, erasing losses from a week impacted by the Federal Reserve's interest rate hike and the failure of the CLARITY Act (US digital-asset market-structure bill) in the US Senate. Despite these setbacks, the asset showed resilience, supported by subsequent institutional signals, including a new Innovation Exemption announced by the SEC.
Summaries are written by AI from the original article. Not investment advice.