[9.20 Crypto Morning Brief] BTC Breaks Above $81,000, ZAMA Rises 90% in Three Days, Clarity Bill Stalled, SEC and CFTC Advance New Regulations Last night and this morning, the crypto market saw a strong rebound as BTC successfully breached the $81,000 mark. Although the Clarity Bill was shelved on the regulatory front, the positive signal of joint regulatory efforts by the SEC and CFTC significantly boosted market confidence, driving broad market gains. Bitcoin is currently trading at approximately $81,112.86, up about 0.26% over the past 24 hours. The privacy sector has shown an extraordinary performance over the last two trading sessions, with ZAMA leading the charge—up 90% over the past three days—becoming the standout performer and driving the entire privacy and fully homomorphic encryption (FHE) sector. [Market Sentiment & Liquidity Indicators] - Fear & Greed Index: Currently at 50, indicating “Neutral” sentiment (slightly down from yesterday’s 51; last week’s was 69, last month’s was 41). - Total Stablecoin Market Cap: Approximately $304.351 billion (down $1.084 billion over 7 days, a minor 0.35% decline); USDT holds a 60.21% market share. - ETF Fund Flows: Last week, U.S. spot Bitcoin ETFs recorded a net outflow of approximately $11.8 million, while spot Ethereum ETFs saw a net outflow of about $15.1 million. [Segment Performance] - Major Coins & Market: BTC at ~$81,112.86 (24h high: $81,305.04 / low: $81,092.76), -0.19% over 24h; ETH at ~$2,620.01, +0.24% over 24h. - Layer1 & Layer2: SOL at ~$110.29 (-2.73%); XRP at ~$1.39 (-0.34%); BNB at ~$726.18 (+0.01%); ARB at ~$0.2035 (-7%). - DeFi Sector: UNI at ~$8.75 (-0.96%); HYPE at ~$91.96 (-1.29%); AAVE at ~$140.67 (+0.05%). - Privacy Sector: ZEC at ~$1,469.89 (-6.54%); XMR at ~$540.41 (-5.49%); ZAMA at ~$0.08197 (+31.89%). - AI Sector: NEAR at ~$3.55 (-5.49%); TAO at ~$264.99 (+5.4%); VIRTUAL at ~$0.6723 (+0.98%). [Morning Crypto Highlights] 1. The U.S. CFTC submitted its proposed crypto regulatory新规 to the White House for review. 2. Kalshi has applied to launch perpetual contracts tied to U.S. individual stocks. 3. Stablecoin company Bastion received conditional approval from the OCC and will be permitted to establish a national trust bank.