LIVE: Bitcoin abruptly hits $75,000
- Bitcoin jumped above $75,000, hitting its highest level since April and extending its four-day gain to 20%.
- Trump pushed Congress to pass the Clarity Act and hinted at regulating Hyperliquid, sending the HYPE token up about 25%.
- Falling Treasury yields helped drive heavy Bitcoin ETF trading, while crypto volatility climbed and Ether hit a three-month high at $2,272.
- Crypto stocks rallied, with Coinbase, Strategy, Canaan, Circle and Robinhood all higher as traders watched the political fight over new U.S. crypto rules.
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