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Bitcoin rebounds above $63K as institutional buying and crypto legislation boost market.

Market News
08 Jun 2026
Bitcoin
View Source
Bullish
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Bitcoin surged back above $63,000 driven by institutional purchases totaling $101 million and the U.S. Senate debating the Clarity Act, which aims to regulate digital assets. Ethereum also gained, contributing to the total crypto market cap reaching $2.19 trillion. The market's recovery coincides with positive legislative momentum and a rebound in U.S. tech stocks, while investors watch key resistance levels and upcoming economic data for further direction.

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