Bitcoin holds below $85,000 as SEC custody proposal boosts institutional outlook By Investing.com

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Bitcoin remained below $85,000 as markets assessed a proposed SEC rule change that could make it easier for investment advisers to use state-chartered trust companies to custody client assets. The proposal may broaden institutional access to crypto custody, improving the outlook for Bitcoin demand, though it is not yet a finalized policy. The price response remained muted, indicating that the potential benefit has not yet pushed Bitcoin above the $85,000 level.

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