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Bitcoin Price Hits $81K on Renewed Spot Demand, Leverage Reset

Published Source: Bitcoin.com NewsRead original

Crypto Insight Summary: Bitcoin surged past $81,000 on Friday, hitting an intraday high of $81,238, before settling around $80,800 with a $1.62 trillion market cap. CFTC Draft Rules Spark Rally Beyond $81,000 Bitcoin’s price breezed past $81,000 Friday amid reports that the Commodity Futures Trading Commission (CFTC) sent crypto market rules to the White House for review. The […] Crypto Insight Analysis: Direction: Bullish BTC Impact: Major Impact Horizon: Short-term (1-3 days) Reasoning: CFTC regulatory clarity and spot demand surge drive BTC price surge.

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Bitcoin Price Hits $81K on Renewed Spot Demand, Leverage Reset — Crypto Insight