$BTC Bitcoin Pulls Back as Two Major Catalysts Collide $BTC has slipped to around $77,800 after briefly trading above $79,000, as crypto markets react to political uncertainty and rising oil prices. - The Senate is expected to vote on advancing the Digital Asset Market Clarity Act - The bill needs 60 votes and could define how the SEC and CFTC oversee digital assets - A successful vote may reduce regulatory uncertainty for Bitcoin and the wider crypto industry - A delay or rejection could trigger short-term volatility, although Coinbase CEO Brian Armstrong says regulatory clarity may still arrive through agency rulemaking - Oil has climbed toward $103 per barrel, increasing inflation concerns - Markets are also preparing for a possible 25-basis-point Fed rate hike, which could lift rates to 3.75%–4% - Higher yields and a hawkish Fed usually create pressure on risk assets like Bitcoin - The key levels now: $79,000 resistance and the $77,000–$77,800 support zone Bitcoin’s next major move may depend less on crypto headlines and more on Washington, oil, interest rates, and liquidity. Volatility is back. Are you expecting a breakout or another dip? 👀 #Bitcoin #BTC #CryptoNews #ClarityAct #Fed This is not investment advice. Crypto assets are highly volatile. Always do your own research.