Today in crypto, the US House Agriculture Committee approved the Digital Asset Market Clarity bill, advancing it further in Congress with a 47-6 vote. This bill aims to provide a regulatory framework for digital assets while clarifying whether certain investment vehicles fall under the SEC or CFTC jurisdiction. Meanwhile, the Bank of Japan is expected to announce its interest rate decisions on June 16-17, with a potential pivot to quantitative easing that could stimulate a Bitcoin rally. Additionally, Bitcoin rose 4% to $110,150, nearing its May peak, as several companies increased their Bitcoin holdings, including BitMine Immersion Technologies, which acquired 100 BTC, and KULR Technology Group, which bought $13 million worth of Bitcoin, totaling 920 BTC. US crypto-related stocks also saw gains, reflecting broader market optimism as market jitters eased amid trade talks between the US and China.

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