Aug 21 — Bitcoin breakout, SEC token rules, and a sentiment shift

• Bitcoin surged past $72,000, triggering $3B in short liquidations and pulling in $517M in ETF inflows — the largest one-day institutional buy since early May, confirming the breakout has structural support. • The SEC released proposed rulemaking for Regulation Crypto Assets, offering a formal path for legally selling tokens in the US — a potential overhaul of how the entire industry raises capital. • The Fear and Greed index jumped 16 points to 62, crossing from Fear into Greed — a sharp sentiment reversal from 46 yesterday and 29 a week ago, tracking the market's sudden momentum shift.