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Bitcoin rally holds above $80,000 while Venice Token and NEAR Protocol rally

Bitcoin rally holds above $80,000 while Venice Token and NEAR Protocol rally

Bitcoin (BTC) is trading above $81,000 on Monday, holding firm after a 6% surge on Friday, linked to US financial watchdogs’ efforts to structure crypto assets under existing rules following the CLARITY Act’s failure to advance. Venice and NEAR Protocol have posted double-digit gains over the last 24 hours, scaling to fresh annual highs.

CLARITY Act failure pushes US market regulators to innovate structuring

The broader cryptocurrency market sustains its risk-on sentiment, with the Fear and Greed Index around 72 on Monday, up from 69 last week and holding flat in the “Greed” zone. The failure of the CLARITY Act to advance to the US Senate floor led the US Securities and Exchange Commission and the Commodity Futures Trading…

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