Bitcoin (BTC) experienced a recovery over the weekend, regaining the $68,700 mark after dipping to $65,700 on Friday due to reports that the DOJ is investigating Tether for potential sanctions violations. Tether's swift response helped stabilize BTC prices. Over the last 24 hours, Bitcoin rose by 2.37%, while other cryptocurrencies like Ether (ETH) and Solana (SOL) also saw upward movements. The broader crypto market gained over 2%, with memecoin DOGE rising around 6%. Analysts noted that recent regulatory trends favoring cryptocurrencies may lead more investors to hold Bitcoin directly instead of through MicroStrategy stock, which has been affected by a new options provision for spot bitcoin ETFs. Additionally, Hong Kong Exchanges and Clearing is set to launch a new index series for Bitcoin and Ether to enhance investment transparency. Recent trends show that Bitcoin's growth is often correlated with the M2 money supply growth, which increased by 7.5% last month, indicating a potentially bullish outlook for BTC amid rising liquidity.

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