Bitcoin Rally Tops $79,000. Crypto Shorts, ETF Flows Soar. CFTC Explores Crypto Rules.

The price of bitcoin continued to soar into Friday, hitting a three-month high following the Treasury Department's announcement to increase its long-term bond buybacks. The rally coincides with a renewed push from the Trump administration to introduce digital asset regulations and pass the Clarity Act. Crypto stocks powered higher this week along with the price of bitcoin. The price of…