Bitcoin Eyes Breakout as Clarity Act Nears Senate Passage
TL;DR Summary
Crypto markets stirred after signs Washington is moving toward a clearer rulebook for digital assets: Bitcoin climbed about 2.5% toward $67,000, Coinbase rose as much as 13%, and Ether traded around $1,950 after Scott Bessent said lawmakers were at the ‘1-yard line’ on the Clarity Act, with analysts noting an improved technical and institutional backdrop and suggesting a breakout could follow if the bill clears Congress before recess.
- Bitcoin Rallies After Bessent Says Clarity Act at ‘1-Yard Line’ Bloomberg.com
- Scoop: Progressives scorch Gillibrand over crypto Axios
- Coinbase Stock Is Rallying. Can Donald Trump’s Ethics Compromise Save the Clarity Act? Barron's
- Clarity Act gives law enforcement the tools it needs for decentralized finance The Hill
- Bitcoin, Ethereum, XRP, Dogecoin Lift Amid Crypto Bill Optimism: Analyst Flags BTC's 'Biggest Test' Yahoo Finance
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