On August 24, Bitcoin surged past $79,286, though it later settled at $77,282.05. This represents a 0.31% increase over the last day and a 22.07% rise for the week. The price jump was fueled by institutional investments, positive sentiment regarding regulations, and anticipated liquidity growth, while US Treasury bond repurchases helped increase investor risk appetite. Additionally, growing support for the CLARITY Act has bolstered expectations for more defined cryptocurrency legislation in the United States.

by shortkt.com✓

3 hours ago