Bitcoin climbed back above the $66,000 mark after the White House reportedly reached an agreement on an ethics package tied to the CLARITY Act.
Up until now, Democrats demanded stronger guardrails on Trump’s crypto business ties as a non-negotiable condition for their votes. The bill needs 60 Senate votes to advance, making bipartisan support mathematically necessary.
The rally also pushed crypto sentiment into the Neutral zone (40) for the first time in nearly a month after an extended period of Fear and Extreme Fear.
| Cryptocurrency | Ticker | Price |
| Bitcoin | (CRYPTO: BTC) | $66,271.38 |
| Ethereum | (CRYPTO: ETH) | $1,921.08 |
| Solana | (CRYPTO: SOL) | $77.73 |
| XRP | (CRYPTO: XRP) | $1.15 |
| Dogecoin | (CRYPTO: DOGE) | $0.07333 |
| Shiba Inu | (CRYPTO: SHIB) | $0.054261 |
Notable Statistics
- Coinglass data shows 73,177 traders were liquidated in the past 24 hours for $225.70 million.
- SoSoValue data shows net inflows of $226.9 million from spot Bitcoin ETFs on Monday. Spot Ethereum ETFs saw net inflows of $38.09 million.
- In the past 24 hours, top losers include DeXe, Pi and Pyth Network.
Latest Developments
- Bitcoin Clears $66K As Crypto Bulls Return — But Whales Aren’t Fully Back Yet
- T. Rowe Price Launches Bitcoin-Led, Six-Token Crypto ETF — Digital Assets Head Sees Winter Easing by Q4
- XRP Jumps As Triangle Breakout Turns Bullish: How High Can It Go?
- Bitcoin Flashes Macro Bottom Signal That Preceded a 675% Rally: What’s Going On?
- Ripple’s Wall Street Ambitions Take Shape As Prime Brokerage Revenue Triples
- Sam Altman-Linked Worldcoin Surges After Grayscale Files for First US Spot ETF
- Michael Saylor Draws ‘Rockefeller’ Comparison, Dismisses BIP-110 As ‘Monetary Purity By Fiat’
- Former NY Gov. Andrew Cuomo: Crypto’s Real Value Goes Far Beyond ‘Tokens And Memes’
- Trump White House Agrees To Clarity Act Ethics Deal: Is A Senate Vote Finally Coming?
Trader Notes
Crypto Poseidon highlighted that Bitcoin bottomed near $60,000 despite calls for $45,000, but renewed euphoria at the range high could signal another reversal. He expects BTC to peak around $70,000 before gradually falling back toward $60,000 by September.
CryptosBatman sees Bitcoin testing the daily 50-day EMA, a level that has capped every major rally this year. A decisive breakout could signal a broader trend reversal, while another rejection would reinforce the prevailing bearish structure.
MN Fund founder Michael van de Poppe noted Bitcoin has climbed to its highest level in more than a month, signaling improving market momentum, but the rally has yet to accelerate.
The analyst says a decisive break above last month’s $67,000 high could open the path toward $73,000.
Image: Shutterstock
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