Bitcoin surged past $85,000 for the first time since late January, driven by regulatory optimism and the SEC's approval of digital securities trading in the U.S. Michael Saylor characterized the failure of the 'Clarity Act' as a victory for the digital asset space, as it avoids permanent market restrictions. The rally extended to altcoins like Ether, Solana, and XRP, coinciding with positive market sentiment surrounding the upcoming summit between President Trump and China's Xi Jinping.
