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Key facts: Digital Asset Market Clarity Act to be marked up this week; US spot Bitcoin ETFs see $753.7M inflow; Bitcoin surges to $94,962.73
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business1d ago

Key facts: Digital Asset Market Clarity Act to be marked up this week; US spot Bitcoin ETFs see $753.7M inflow; Bitcoin surges to $94,962.73

  • The Digital Asset Market Clarity Act will be marked up this week, aiming to clarify SEC and CFTC rules for institutions.
  • US spot Bitcoin ETFs drew $753.7 million in inflows, the largest daily total in three months.
  • Bitcoin climbed to $94,962.73, with a close above $94,400 seen as a potential step toward $100,000.
  • The market faces a key level near $94,400 that could unlock further gains toward $100,000.
  • TradingView highlights regulatory clarity efforts as a factor shaping market sentiment for Bitcoin.
  • The inflows signal renewed institutional interest following year-end rebalancing.
  • The report frames the act markup as part of regulatory clarity efforts this week.
  • The piece cites ongoing market rebalancing as context for these moves.
  • The article presents bitcoin’s price move as part of driving momentum toward major round-number targets.
  • The report notes the combination of act markup and ETF inflows as a signal for market optimism.
  • No location details are provided beyond the general market context; the piece centers on U.S. markets and Bitcoin.
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