
Bitcoin Shrugs Off CLARITY Act Failure, Blasts Past $86,000
- —Bitcoin hit $86,247, up about 7% in 24 hours
- —BTC has gained 10% over the past 30 days
- —Spot Bitcoin ETFs drew $593 million on Thursday and Friday
- —CLARITY Act stalled over Democratic concerns about Trump family crypto holdings
Why it matters: The rally signals that Bitcoin's price is now driven by ETF inflows and liquidity rather than the passage of crypto market structure legislation.
Source: Bitcoin Magazine