Bitcoin (BTC) holds above $74,000 at press time on Wednesday, slowing its recovery after eight consecutive days of gains, with a bearish close on the previous day. Sentiments remain neutral while the US Securities and Exchange Commission (SEC) has released its first-ever definition of crypto assets, improving regulatory clarity. 

River (RIVER), Kaspa (KAS), and DeXe (DEXE) sustain recovery so far this week, emerging as top gainers in the last 24 hours. 

Crypto recovery slows amid US SEC’s crypto definition release

Bitcoin retreats to $74,000 at the time of writing on Wednesday, after a bearish close on Tuesday, ending an eight-day rally. BTC holds its recovery above the 50-day Exponential Moving Average (EMA) at $72,980, hinting at a…