BTCC-B.TO is trading 5.12% up as optimism that Congress may advance the CLARITY Act improves expectations for clearer U.S. crypto regulation.

  • The move follows the U.S. Treasury’s decision to double long-duration bond buybacks, easing yield pressure and supporting risk assets.
  • A major crypto short-liquidation cascade amplified Bitcoin’s advance, with roughly $2.7 billion in shorts liquidated.
  • The gain is primarily cryptocurrency-sector- and liquidity-driven, rather than part of a broad equity-market rally.