#CryptoComeback
Here is a summary of the recent updates in the crypto market over the last two days:
- **Bitcoin and Market Performance**: Bitcoin's price has recently surpassed $100,000, marking a significant milestone. The overall crypto market has exceeded its pandemic-era peak, with Bitcoin nearing $90,000 at one point.
- **Regulatory Developments**: The US Securities and Exchange Commission (SEC) has been active, with recent actions including the seizure of $38 million in digital assets related to a previous hack. Additionally, the Office of the Comptroller of the Currency (OCC) has clarified the authority of banks to engage in crypto-asset custody.
- **Legislative and Institutional Moves**: In the US, a top House Democrat, Maxine Waters, has blocked a hearing on crypto legislation, indicating ongoing regulatory scrutiny. Meanwhile, New Hampshire has launched its first state crypto initiative, reflecting growing institutional interest in digital currencies.