Gate Research: BTC Reclaims $64,000, Stablecoin Regulation Accelerates

• Stock Market: The three major U.S. indexes all closed lower as rising oil prices and higher U.S. Treasury yields weighed on risk appetite. Hong Kong stocks rebounded, with the Hang Seng Index and Hang Seng Tech Index rising 1.34% and 1.58% respectively, led by semiconductor, optical communication, and PCB sectors. Korean markets were closed for a holiday.
• Market Commentary: The crypto market recovered, with BTC and ETH up 2.04% and 0.97% over the past 24 hours. The Fear & Greed Index stood at 40 (Fear). Short-term indicators are heating up, though overall market sentiment remains cautious.
• Hot Tokens: GPS (+45.83%), TUT (+32.19%), and FLIP (+20.49%) led the gains, with capital mainly rotating around themes of Web3 security, BNB Chain educational applications, and native cross-chain trading.
• Alpha Insights: The U.S. Treasury is advancing stablecoin rules under the GENIUS Act; the OCC conditionally approved World Liberty Financial’s national trust bank charter; and Harmony announced plans to roll back its blockchain and reverse over 109k transactions.

Discover more details today → Gate Research: BTC Reclaims $64,000, Stablecoin Regulation Accelerates

Gate Research is a comprehensive blockchain and cryptocurrency research platform that provides deep content for readers, including technical analysis, market insights, industry research, trend forecasting, and macroeconomic policy analysis.

Disclaimer

Investing in cryptocurrency markets involves high risk. Users are advised to conduct their own research and fully understand the nature of the assets and products before making any investment decisions. Gate is not responsible for any losses or damages arising from such decisions.

Gate Team
August 18, 2026

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