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Bitcoin steadies near $78K as SEC advances crypto custody rule overhaul

Market News
26 Aug 2026
Proactive Investors
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Neutral
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Bitcoin stabilized around $78,000 after a recent pullback from over $81,000, amid the U.S. SEC's progress on updating crypto custody regulations. The SEC's proposed rule changes, now under White House review, aim to clarify how investment advisers and funds should hold cryptocurrencies, potentially easing institutional adoption. Meanwhile, inflows into U.S. spot Bitcoin ETFs slowed sharply after a strong buying streak that supported Bitcoin's recent 23% rally. Market focus now shifts to the upcoming Federal Reserve chair's Jackson Hole speech, which could influence crypto prices based on monetary policy signals.

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