Bitcoin Recovers to $78,000 as Senate Clears Stablecoin Legislation Hurdle on Saturday

BTC-0.07%

Bitcoin recovered from a midweek dip to $75,500 to climb back above $78,000 by Saturday morning in Asia. The rally was supported by the U.S. Senate’s approval of a stablecoin yield compromise that removed a key regulatory roadblock to crypto market structure legislation.

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