Bitcoin: SEC Issues Rules as Price Climbs 25%

Bitcoin climbed 25% in recent days to $78772.63 as the SEC issued new crypto rules, the CFTC pledged further action if the Clarity Act stalls, FASB allowed stablecoins as cash equivalents and Tether delivered its first Big 4 audit.

Price action now tests the upper Bollinger Band at $79003.37 with RSI(14) at 70.56 already overbought and MACD flashing a death cross; a healthy retracement toward the EMA50 support at $72859.25 looks probable before any fresh leg higher. Over the past six months regulatory clarity has steadily replaced enforcement headlines, shifting institutional flows back into BTC and stablecoin rails.