Wire · operational-macro
Crypto SWOT: Bitcoin extended its rally above $71000, reaching its highest level since June
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Fusion42 · 25 August 2026 · Fusion42 review
Bitcoin surged past $71,000, its highest since June, driven by strong inflows into U.S. spot bitcoin ETFs and breaking out of a recent trading range. Concurrently, the SEC proposed the first major crypto rule, "Regulation Crypto Assets," to create clearer capital-raising pathways for digital-asset issuers in the U.S., while China expanded its digital yuan network to 24 banks, scaling its central bank digital currency adoption.
This Wire brief sits within Fusion42's coverage of Crypto & Web3.
◆ ◆ The Wire takeaway
U.S. crypto issuers just got a clearer capital path with the SEC’s new rules, opening fundraising doors that were closed before. If you build digital-asset products or funds, expect faster market entries but also rising competition for those inflows.
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1 source · 24 Aug 2026
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