Bitcoin breaks above $69,000 as investors turn positive again
Price ActionDigital FinanceDigital Finance
Bitcoin broke out to touch $69,000 this morning, rising 6%, while Ether jumped 16% amid signs of funds flowing back into spot Bitcoin ETFs and a weaker dollar following the US government's bond buyback measures. The market is also watching the CLARITY Act, which is expected to return for consideration in September and could help set clearer rules for digital asset regulation. On the charts, Bitcoin has broken above the key resistance around $65,000, but still needs to clear the next resistance near $71,000 to $72,000.
