Bitcoin Breaks $95K as Markets React to Inflation Data and Regulatory Progress

Bitcoin surged past $95,000 hitting a two-month high as U.S. inflation data came in as expected, triggering massive short liquidations and rekindling institutional interest. The rally comes amid significant regulatory developments including the Senate's advancement of the CLARITY Act, which would grant major cryptocurrencies like XRP, Solana, and Dogecoin the same legal status as Bitcoin. Meanwhile, corporate treasuries continue aggressive accumulation, with companies buying Bitcoin at three times the rate miners produce it. Ethereum gained over seven percent while privacy coins like Monero hit new all-time highs. We also cover Ripple's European expansion with Luxembourg's preliminary EMI approval, Visa's partnership with BVNK to enable stablecoin payouts, and concerns about stablecoin yield restrictions in pending legislation. Plus, former NYC Mayor Eric Adams faces rug pull accusations after his NYC Token crashed eighty-one percent within minutes of launch.