Bitcoin Bounces Above $77K, Senate Curbs War Powers, SEC Overhauls IPO Rules

Welcome to Stock Market Today — your market briefing with actionable insights on stocks, bonds, crypto, and the events moving markets. Let's get into it. Bitcoin rebounded above seventy-seven thousand five hundred dollars today after the Senate voted fifty to forty-seven to curb Trump's Iran war powers. The crypto market snapped a five-day losing streak as oil prices dropped and Treasury yields pulled back. Bitcoin currently trades at seventy-seven thousand five hundred fifty-two dollars, with Ethereum at two thousand one hundred thirty-two dollars and Solana at eighty-five dollars. The bounce looks fragile. Bitcoin is trapped between the fifty-day moving average near seventy-six thousand as support and the two-hundred-day moving average near eighty-two thousand five hundred as resistance. K33 Research argues this bear market is different—unusually pessimistic trader positioning with negative funding rates for eighty-one consecutive days limits downside risk. They peg February's sixty thousand dollar level as the cycle bottom. The SEC dropped the biggest IPO rule overhaul in over twenty years. Newly public companies can now shelf-register securities immediately, allowing quick capital raises when markets improve. The seventy-five million dollar float requirement is gone. The large accelerated filer threshold jumps from seven hundred million to two billion dollars, letting companies avoid tough audit requirements for at least five years. This benefits volatile crypto firms like BitGo, Circle, and Bullish. Senator Warren is hammering the OCC for approving nine crypto trust bank charters, including Coinbase, Ripple, and Fidelity Digital Assets, claiming regulatory arbitrage. European banks are fighting dollar dominance. The Qivalis consortium expanded from twelve to thirty-seven banks across fifteen countries, aiming to launch a regulated euro stablecoin in the second half of this year. But dollar-backed tokens own ninety-nine point seven six percent of the three hundred eighteen billion dollar market. Ethereum Foundation is bleeding talent. Carl Beek and Julian Ma are out, adding to departures including Barnabé Monnot, Tim Beiko, and co-executive director Tomasz Stańczak. That wraps your market intel — trade smart out there. For deeper insights and real-time analysis, visit capitalcopilot dot i o.