Bitcoin climbed back above $115,000 on Wednesday, recovering more than 2% after briefly slipping to about $114,000 earlier in the session. The rebound keeps the world’s largest cryptocurrency within sight of the record highs set earlier this year and underscores resilient demand even as short-term traders take profits. Market participants cited fresh regulatory clarity and improved macro sentiment for the upswing. The U.S. Securities and Exchange Commission said liquid-staking products do not constitute securities, easing a key overhang for crypto trading platforms and investors. Separately, stronger-than-expected corporate earnings and Apple’s newly announced $100 billion investment program helped lift broader risk assets, spilling into digital-asset markets. On-chain data also point to continuing institutional accumulation. Custody platform SBET added 83,561 ether in the past week, lifting its ether holdings to roughly $1.9 billion. Analysts said the combination of regulatory relief and steady inflows could keep bitcoin in a consolidating but upward bias ahead of expected policy updates from the Federal Reserve later this month.