BITCOIN SURGES 10% IN APRIL AS SEC OUTLINES CRYPTO PLANS
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Bitcoin climbed more than 10% throughout April as the SEC Chair detailed regulatory approaches for cryptocurrency markets. The gains come amid renewed institutional interest and clearer regulatory guidance.
■ MORE FROM THE CRYPTO DESK
Revolut has entered the stablecoin market with a euro-denominated digital token, joining major banks and payment firms racing to establish digital money solutions. The move reflects growing adoption of stablecoins for cross-border payments and business transactions.
Bitcoin climbed above $80,000 for the first time since mid-May as bullish sentiment returns to the cryptocurrency market. The surge triggered liquidation of billions in leveraged positions.
President Trump said US regulators are working to bring Hyperliquid, a fast-growing crypto platform, into the country. The move represents a significant shift toward bringing major offshore cryptocurrency infrastructure under domestic oversight.
Bitcoin surged above $80,000 this week, posting its biggest three-day gain since 2023 with a 20%+ jump. US spot bitcoin ETFs attracted $1.92 billion in net inflows last week, signaling renewed institutional interest.