Bitcoin traded around $74,000 on Friday as improving regulatory sentiment helped stabilize crypto markets.

The move comes after the Commodity Futures Trading Commission opened the door for crypto perpetual futures trading in U.S.

Notable Statistics:

Coinglass data shows 96,876 traders were liquidated in the past 24 hours for $266.92 million.       

SoSoValue data shows net outflows of $228.9 million from spot Bitcoin ETFs on Thursday. Spot Ethereum ETFs saw net outflows of $121.4 million.

In the past 24 hours, top gainers include Injective, Hyperliquid and Artificial Superintelligence Alliance.

Notable Developments:

Trader Notes:

Ted Pillows said Bitcoin currently faces two…

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