With the U.S. Senate voting 49 in favor and 50 against, the required 60-vote procedural threshold for passing the Clear Act was not met. BTC then fell toward the $76,000 area.
This drop mainly reflects a cooling in regulatory expectations rather than any change in Bitcoin’s underlying logic. The bill was originally expected to clearly define the regulatory division of responsibilities for digital assets, providing a more stable path for institutions to enter and for trading platforms to remain compliant. Now that the legislative process has been stalled, the market is once again pricing in policy uncertainty.
However, the direct impact on BTC is relatively limited. Its supply rules, global trading network, and spot ETFs will not change due to a single procedural vote. What matters next is still the Fed’s interest-rate path, ETF net inflows, U.S. Treasury yields, and market leverage.
If you monitor the market via BiyaPay, you can focus on whether support can form around the $76,000 area, and whether ETF capital flows back in after the release of negative policy news. Failure on the procedural vote may increase short-term volatility, but it’s not enough to confirm that BTC’s medium-term trend has reversed.#BTC #比特币 #美联储 #沃什 #BiyaPay
This drop mainly reflects a cooling in regulatory expectations rather than any change in Bitcoin’s underlying logic. The bill was originally expected to clearly define the regulatory division of responsibilities for digital assets, providing a more stable path for institutions to enter and for trading platforms to remain compliant. Now that the legislative process has been stalled, the market is once again pricing in policy uncertainty.
However, the direct impact on BTC is relatively limited. Its supply rules, global trading network, and spot ETFs will not change due to a single procedural vote. What matters next is still the Fed’s interest-rate path, ETF net inflows, U.S. Treasury yields, and market leverage.
If you monitor the market via BiyaPay, you can focus on whether support can form around the $76,000 area, and whether ETF capital flows back in after the release of negative policy news. Failure on the procedural vote may increase short-term volatility, but it’s not enough to confirm that BTC’s medium-term trend has reversed.#BTC #比特币 #美联储 #沃什 #BiyaPay
