Bitcoin Holds Above $65,000 as Senate Delays CLARITY Act Until Autumn
Cryptocurrency markets advanced past $65,000 despite the U.S. Senate postponing action on the CLARITY Act ahead of its recess.
Bitcoin maintained its position above the $65,000 threshold on Monday, shrugging off a legislative delay in Washington. The U.S. Senate left the much-anticipated cryptocurrency legislation, known as the CLARITY Act, unpassed as lawmakers departed for their scheduled recess.
Market participants largely overlooked the stalled legislative process, focusing instead on broader macroeconomic drivers. Sustained inflows into spot exchange-traded funds (ETFs) and a softer U.S. dollar provided stronger upward momentum for digital asset prices than regulatory developments in Capitol Hill.
Marcus reports on digital assets, from spot ETF flows to protocol-level developments in DeFi. He pays particular attention to how institutional adoption is reshaping crypto market structure.
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