Bitcoin Reclaims $79,000 on Short Squeeze, Regulatory Optimism

Bitcoin Tops $65,000 as ETF Inflows Stretch to Fifth Day

Bitcoin

Regulatory optimism in one sector often spills over into crypto, especially for projects tied to payments, tokenized assets, and DeFi use‑cases in emerging industries. The move also aligns with a longer‑term narrative that the U.S. is moving away from punitive drug policies, which could unlock a multi‑billion‑dollar cannabis market that many crypto startups are already targeting.

The Trump administration reclassified marijuana as a less dangerous drug, placing it in the same category as Tylenol with codeine.