Bitcoin Surges Back Above $80,000 — Crypto Shrugs Off a Rate Hike and a Failed Senate Bill
The Senate blocked the CLARITY Act. The Fed raised rates. And Bitcoin still jumped nearly 6% to top $81,000, with Coinbase, Strategy, and Robinhood posting even bigger gains. The real catalyst was a quiet SEC move that opened a 5-year door to tokenized stock trading. Now comes the real test: can crypto stocks hold their gains when Monday's opening bell catches up to Bitcoin's weekend?
The SEC Just Opened the Door to 24/7 Stock Trading. Now Comes the Hard Part.
The SEC just approved a 5-year exemption for tokenized U.S. stocks that carry real dividends and voting rights, not synthetic price bets. That opens a path to 24/7 trading, fractional ownership, and near-instant settlement, and crypto stocks rallied on the news. But issuers can object and trading volume is capped. The permission slip is signed. Now the real test begins: will anyone actually use it?