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Bitcoin holds steady near $65K despite US Senate delay on CLARITY Act vote, showing resilience not breakout.

Market News
07 Aug 2026
CryptoTicker
View Source
Neutral
Bitcoin holds steady near $65K despite US Senate delay on CLARITY Act vote, showing resilience not breakout.

Bitcoin is trading around $65,167, up about 1.4% on the day, after the US Senate confirmed it would not vote on the CLARITY Act before the August recess. The market had already priced in this delay, so the impact was muted. Bitcoin remains in a defined trading range between $61,858 and $67,074, below its 200-day EMA, indicating the broader downtrend is intact. The delay mainly affects altcoins more than Bitcoin, and the price is expected to continue fluctuating within this range until the Senate revisits the bill in September.

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