Bitcoin

Bitcoin climbed to a two-week high near $65,500 on Tuesday, as a rebound in Asian semiconductor stocks fueled a broader risk rally.

The Office of the Comptroller of the Currency’s (OCC) comment period on proposed rules under the GENIUS Act, which would extend anti-money laundering and sanctions standards to stablecoin issuers, ends July 24.

Bitcoin slipped below $64,000 on Monday as the cryptocurrency market faced dual pressures from rising oil prices and a lingering selloff in AI-related stocks.

Bitcoin exchange-traded funds (ETFs) have attracted $273 million in net inflows over the past two weeks, breaking an eight-week streak of outflows that saw more than $8 billion exit these products.

Bitcoin held near $64,000 on Monday, caught between rising oil prices and lingering effects from a Chinese AI model release that rattled markets at the end of last week.