The securities regulator has continued its Project Crypto work to make unofficial policy changes as it moved to let broker-dealers treat stablecoins as capital.
The more significant result from the U.S. Supreme Court's rejection of President Donald Trump's trade tariffs may be political, which could sting the industry.
Technical traders see a compression setup, with $1.39 as key support and $1.44 as near-term resistance that could open a move toward $1.50 to $1.62 if reclaimed.
The derivatives exchange giant's switch to around-the-clock crypto trading will have a visible impact on liquidity and volatility on weekends, analysts said.
Korean exchanges Upbit and Bithumb both added local currency pairs for the privacy-focused layer-2 token, triggering a sharp move in a thinly traded market.
Bitcoin rebounded above $68,000 as ETF outflows hit $6.8 billion and funding flips positive. A break above $72,000 is needed to confirm a bullish shift.
Geopolitical tensions and a cautious tone in U.S. stocks are keeping risk appetite in check, and some strategists warn of a potential retest of 2024 lows before a more sustained recovery.
Sources familiar with the talks on stablecoin yields say the White House urged bankers to get on board with a deal that lets the market structure bill advance.