Crypto

U.S. CLARITY Act gains momentum, bitcoin stretches higher

Bitcoin rose above $66,000 to its highest in a month, with expectations of easing regulatory uncertainty after signs of progress on the U.S. CLARITY Act. U.S. spot bitcoin ETFs recorded net inflows for five straight sessions, totaling $727.3 million. Reports said the White House agreed on an ethics provision, though the Senate vote remained uncertain. Macro factors, stablecoin use cases and security issues also drew attention.

Crypto

Gold slide may spill into cryptocurrencies as rising real rates tighten liquidity

Gold has fallen about 28 percent from its January peak to around $4,030 an ounce, and analysis says cryptocurrencies are facing similar liquidity pressure. Rising U.S. real interest rates and a stronger dollar have increased the appeal of cash and Treasuries, weighing on non-yielding assets such as gold and bitcoin. Some banks have cut gold forecasts, though central bank buying and stabilising ETF holdings remain supportive.