Bitcoin Volatility Surges as ETFs Rebound

Bitcoin Faces Volatility Amid ETF Rebound and SEC Clarification

• Bitcoin’s price is $84,150 per coin, unchanged over the past week.
• Federal Reserve Chair Jerome Powell’s comments briefly boosted Bitcoin prices.
• Over $734 million reentered Bitcoin ETFs this week, reversing earlier outflows.
• Ethereum ETFs are on a 13-day losing streak despite Bitcoin ETF gains.
• The SEC clarified that proof-of-work mining does not require registration as securities.

Bitcoin remains at $84,150 with no weekly change, while $734 million flowed back into Bitcoin ETFs amid changing investor sentiment and regulatory clarifications from the SEC.