Bitcoin Soars Past $82K Amid US Crypto Regulation Progress

Bitcoin's price surged past $82K on Thursday, reaching an intraday high of about $82,005 before easing slightly. This move coincided with the Senate Banking Committee's advancement of the Digital Asset Market Clarity Act in a bipartisan vote.

The proposed legislation aims to establish a clearer federal framework for digital assets by defining regulatory jurisdiction between agencies. Market participants reacted quickly to the news, with Bitcoin recovering sharply from technical support levels and moving back toward the $82,000 zone.

XRP outperformed major assets, climbing above $1.50 with gains exceeding 6%, its strongest level since March. Ethereum and other large-cap tokens also posted modest gains in response to the improved sentiment.