What's next for Bitcoin price as CLARITY Act stalls in Senate
- —Senate rejected cloture on H.R. 3633 on Sept. 15 by 49-50, short of the 60 votes needed
- —US spot Bitcoin ETFs saw $450.4 million in net outflows on Sept. 15, then $159.5 million and $433 million in inflows
- —BTC fell 3.39% to $75,663 but climbed above $86,000 and briefly hit $87,000 by Sept. 22
- —Bitcoin's commodity status rests on SEC and CFTC interpretation, not federal statute
Why it matters: Without legislation, Bitcoin's classification depends on agency interpretation and could be reversed by a future administration or court.
Source: crypto.news