Today in cryptocurrency news, Bitcoin has surged above $64,000, reaching levels not seen since early August. Analysts are optimistic, suggesting that if Bitcoin can maintain its momentum, it could target $65,000. Ethereum is also showing strength, currently trading above $2,600.
In market activity, Sei (SEI) is the top gainer today, experiencing a remarkable 25% increase, while Nervos Network (CKB) leads the losers with a 5% drop.
On the regulatory front, the U.S. House Financial Services Committee has probed SEC leadership regarding digital asset rulemaking, highlighting ongoing discussions about the future of crypto regulations. Additionally, global economic trends, including interest rate cuts by major central banks, are positively impacting the crypto market, leading to increased inflows and investor confidence.
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