Federal Reserve's Schmid: Voted in favor of interest rate hikes, high inflation is a sign of supply-demand imbalance.

Alex Thorn, head of research at Galaxy, noted in a post that Bitcoin (BTC) is currently trading strongly, with its price above the 50-week moving average. Historically, a breakout above the 50-week moving average has served as a key level confirming the formation of a bear market bottom. If the weekly line closes above the 50-week moving average this Sunday, this trend will be further confirmed.

According to NewsNation, US President Trump said the United States is in negotiations with the Houthi movement, which also hopes to reach an agreement.

Glassnode stated in a post that Bitcoin (BTC) is gradually approaching a thickening liquidation zone, with dense liquidation orders concentrated around the $83,000 to $86,000 range. If the price hits this area, BTC could quickly break through the range as short positions— which have been accumulating for weeks— are forced to close out.

Per HTX market data, ETH briefly broke through $2,600, now trading at $2,596.1, with a 5.11% gain in the past 24 hours.

Tom Lee, Chairman of Ethereum Treasury Firm Bitmine, stated in an interview that even if the CLARITY Act fails to pass, the crypto market could sustain its upward trend. The actual demand for the crypto sector outweighs any single piece of legislation, Lee emphasized. He pointed out that if the CLARITY Act is enacted, it will establish a clearer regulatory framework for the crypto industry and further clarify the Commodity Futures Trading Commission (CFTC)’s regulatory role; even if the bill does not pass, the CFTC and the U.S. Securities and Exchange Commission (SEC) will remain the primary federal regulators overseeing the sector. Lee cited prediction markets and sports betting markets as examples, noting that these areas have achieved continuous growth amid regulatory uncertainty.

According to market data from BIT (bit.com), as Bitcoin’s strong rebound pushed it back above the $80,000 threshold, crypto treasury companies saw sharp stock price rallies, with the following gains: BTC-focused crypto treasury firm Strategy (MSTR) rose 12.38% to $148.58; ETH-focused Bitmine (BMNR) gained 7.47% to $25.7; SOL-focused Forward Industries (FWDI) jumped 18.95% to $7.375; BNB-focused CEA Industries (BNC) climbed 15.5% to $6.26; HYPE-focused Hyperliquid Strategies Inc (PURR) advanced 5.42% to $13.535; ZEC-focused Cypherpunk Technologies (CYPH) rose 18.08% to $3.625; ENA-focused StablecoinX (USDE) gained 12.84% to $8.7.