Bitcoin holds $75,000 as SEC grants tokenized stocks a five-year exemption

  • Bitcoin held $75,000 despite a stalled bill and an implemented rate hike.
  • UNI and ARB each gained more than 25% in one day.
  • Intel, AMD and Micron led a semiconductor-index gain exceeding 3%.

Bitcoin held above $75,000 despite a stalled bill and an implemented rate hike. The SEC (U.S. securities regulator) then granted tokenized stocks (digital representations of shares) a five-year innovation exemption, prompting a rapid crypto-market recovery. UNI and ARB each rose more than 25% in a day, while Coinbase, Circle and mining companies also rebounded. In U.S. equities, an AI-driven short squeeze (rapid buying after bearish bets unwind) lifted the semiconductor index by more than 3%, with Intel, AMD and Micron leading gains.

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