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Bitcoin Nears $64,000 as Improved Risk Appetite Drives Crypto Market Gains

Bitcoin approached the $64,000 mark as improved sentiment and liquidity supported a cautiously bullish outlook, despite sideways trading for other leading assets. Analysts identified technical signals suggesting a market bottom, while Ethereum gained following soft inflation data. Trading turned cautious as investors awaited Washington's discussions on the CLARITY Act, leading to a 1.35% slip in total market capitalization to approximately $2.2 trillion.