Live updates: BTC above $65,000 even as the Senate punts the CLARITY Act to the fall
Bitcoin prices remained above $65,000 despite the US Senate delaying the CLARITY Act until September. Market analysts suggest the delay was already anticipated, with price support driven by strong ETF inflows.
Why it matters
The resilience of Bitcoin prices despite legislative setbacks highlights the growing influence of institutional spot ETFs on market stability.
The strength held despite the Senate failing to pass the CLARITY Act before leaving for its August recess on Friday, mustering 51 of the 60 votes needed and pushing any action to September 14 at the earliest.
That the market rose anyway backs what strategists argued last week, that the delay was already priced, so the failure landed as confirmation rather than a fresh blow.
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