
Bitcoin holds above $85,000 after CLARITY Act failure as TAO and FET lead gains
- —Bitcoin holds above $85,000, up about 6% on the day
- —Spot ETF inflows reached $433.03 million on Friday
- —Strategy bought 950 BTC for $75.7 million and repurchased $174 million of STRC
- —TAO trades above $300 and FET above $0.20, leading AI tokens
Why it matters: The CLARITY Act's failure is being offset by SEC regulatory exemptions, which alongside ETF inflows is fueling the rally in bitcoin and AI tokens.
Source: FXStreet Crypto