Bitcoin Rises as U.S. Crypto Bill Clears Key Hurdle—But the Rally Has a Catch
The Senate Banking Committee advanced the Digital Asset Market Clarity Act by a 15-9 vote, sending the crypto regulation bill to the full Senate. Bitcoin traded near $80,837 after hitting $81,974, while Coinbase, Robinhood, and Strategy shares each rose about 5%. Polymarket priced a 68% chance the bill becomes law this year. All committee Republicans backed the bill, joined by two Democrats.