• The rally comes after the CFTC submitted two proposed crypto market rules to OIRA for review.

• This puts the agency’s rulemaking process into motion after the CLARITY Act failed to advance in the Senate earlier this week.

• Hyperliquid and Solana led gains among major cryptocurrencies.

Bitcoin’s (BTC) price climbed back over $80,000 on Friday morning, for the first time in over a week, with Hyperliquid (HYPE) and Solana (SOL) leading gains among crypto majors.

The rally came after the Commodity Futures Trading Commission (CFTC) filed two new proposals, the Regulation Crypto Asset Transactions and the Regulation Crypto Asset Markets, with the White House’s Office of Information and…