Woofun AI reports that Bitcoin (BTC) approached $72,000 during the European morning on Thursday, driven by Treasury Secretary Scott Bessent's announcement of Treasury debt buybacks and President Trump's push for the Clarity Act at a White House crypto event.

The equity sector mirrored this momentum, with Strategy (MSTR) rising 10% in pre-market trading after a 13% gain on Wednesday. Bullish (BLSH), parent of CoinDesk, climbed 5% following a 9% surge on Wednesday, while MARA Holdings (MARA) and Coinbase (COIN) also rallied in pre-market sessions.

Woofun AI data shows these corporate movers are reacting directly to the regulatory clarity emerging from Washington.

Technically, Bitcoin gained 3.5% over the past 24 hours and 15% since Monday, breaking above $71,000. This move cleared the short-term holder cost basis at $67,138, representing coins held for less than 155 days, and surpassed the 200-day simple moving average (SMA) at $68,969, which tracks the 200-day average closing price.

The next critical threshold is the True Market Mean at $75,689, which excludes lost coins and long dormant supply to reflect active investor cost basis. A sustained break above this level would place average active investors in unrealized profit, signaling a potential broader shift toward a bullish market structure.