Bitcoin tops $77,000 as CFTC weighs crypto rules and XRP surges

Bitcoin topped $77,000 for its best week since 2023. CFTC (U.S. derivatives regulator) Chair Mike Selig said the agency will write crypto rules itself if Congress cannot pass the CLARITY Act. XRP also surged as Ripple backed a new institutional credit fund built around RLUSD, Ripple’s dollar-denominated stablecoin.

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