Bitcoin Recovers to $64,000, Ethereum Reclaims $1,800… CBDC Ban Law Takes Effect

Bitcoin fluctuates around the $64,000 level, while Ethereum recovers to $1,800. Other cryptocurrencies like XRP and SOL decline slightly, while BNB remains stable. The key policy development is the enactment of a CBDC prohibition law that bans the Fed from issuing digital dollars until 2030, removing private stablecoin competition. Circle secures federal oversight approval from the OCC, enabling digital asset custody services under federal regulation. Markets view the $64,000 level as a signal tied to the CLARITY Act's passage, though its approval probability has dropped to 40% amid legislative delays. Crypto market cap hits $2.28 trillion, up $17 billion since July, but remains below the October 2022 all-time high of $12.6 trillion.