Bitcoin, Ethereum, XRP, Dogecoin Gain After BTC Reserve Bill Advances: Analyst Says He's Not 'Panicking' Despite Rate Hikes — 'Ready for Anything'

Bitcoin Tops $80,000, S&P 500 Slips as Yields Reclaim 5%: Stock Market Today

Crypto-linked equities ripped higher as Bitcoin cleared $80,000, but the S&P 500 slipped with the 10-year Treasury yield back above 5%.

Shares of crypto-linked companies are trading higher amid a rise in Bitcoin after the CFTC submitted a proposal on Thursday to regulate crypto asset transactions and markets. This, along with yesterday's announcements from the CFTC and SEC, signals that regulatory agencies are taking action after the Clarity Act failed to advance in the Senate.

Why Is BitMine Stock Surging on Friday?

BitMine stock is climbing Friday as a sharp rebound in Ethereum lifts crypto-related shares. Eightco’s disclosed holdings, BMNR’s bullish technical setup and significant ETF exposure add further context to the stock’s latest move.

Shares of crypto-related companies are trading higher after the SEC announced a five-year exemption for tokenized stock trading. The CFTC also issued a no-action position against passive software providers that partnered with regulated entities and failed to register as brokers.

Bitcoin Reclaims $80,000 as Ethereum, XRP, Dogecoin Jump Over 6% in Risk-On Rally

Bitcoin tops $80,000 as spot ETFs sees $159.5 million inflows, fueling a risk-on rally despite. Traders watch $82,000 breakout.

Fed Raises Rates, Yields Hit 2007 Highs as Fuel Costs Set Records: This Week On Wall Street

The Fed hiked for the first time since 2023; the 10-year yield touched 5.04%, and record diesel prices hit truckers and automakers.