Bitcoin reclaimed $78,000 after three days as the prediction market odds of the CLARITY Act becoming law spiked ahead of Tuesday’s key vote.
| Cryptocurrency | Ticker | Price |
| Bitcoin | (CRYPTO: BTC) | $79,069 |
| Ethereum | (CRYPTO: ETH) | $2,540 |
| Solana | (CRYPTO: SOL) | $103.09 |
| XRP | (CRYPTO: XRP) | $1.44 |
| Dogecoin | (CRYPTO: DOGE) | $0.08484 |
| Shiba Inu | (CRYPTO: SHIB) | $0.055333 |
Notable Statistics:
- Coinglass data shows 80,121 traders were liquidated in the past 24 hours for $228.09 million.
- SoSoValue data shows net outflows of $13.3 million from spot Bitcoin ETFs on Friday. Spot Ethereum ETFs saw net inflows of $216.4 million.
- In the past 24 hours, top gainers include Stellar, Lighter and NEAR Protocol.
Notable Developments:
- Bitcoin, Ethereum, Dogecoin ‘Is All You Need for Life-Changing Gains,’ Analyst Says
- Bitmine Buys 27,180 ETH, Tom Lee Predicts Large Move Ahead
- XRP Jumps 4% to $1.40: What Is Going On?
- Strategy Skips Bitcoin Purchases Again: What’s Going On?
- Bitcoin Stuck at $78,000 as CLARITY Act Vote, FOMC Meeting Loom as Catalysts
- CLARITY Act Failure Would Be ‘The Worst Outcome,’ Bernstein Says
- EXCLUSIVE: CLARITY Act ‘Can Get There,’ Tim Ryan Says: Do Prediction Markets Agree?
Trader Notes:
Altcoin Sherpa said Bitcoin continues to bounce near $76,000 but struggles around $80,000-$81,000, with macro events likely to drive volatility this week.
Michael van de Poppe sees bullish continuation as long as $78,000 holds, targeting a move toward $81,000.
Exitpump pointed to TWAP buying and persistent passive bids in spot markets, calling the underlying demand strong and warning against fading the move.
Image: Shutterstock
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