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Bitcoin jumps over 5% past $85,000 as crypto regulation stalls in US Senate

Market News
21 Sep 2026
CrowdFundInsider
View Source
Bullish
Bitcoin jumps over 5% past $85,000 as crypto regulation stalls in US Senate

Bitcoin surged more than 5% to surpass $85,000, its highest level since January, following the failure of the CLARITY Act in the US Senate. The bill, aimed at regulating crypto markets, did not receive enough votes to avoid a filibuster, leaving digital asset regulation uncertain. Despite this setback, investors are optimistic, pushing Bitcoin and related stocks like Coinbase, Strategy, and Circle higher. Experts attribute the rally to increased liquidity from Federal Reserve rate hikes and regulatory signals from the SEC, suggesting continued institutional interest in crypto despite legislative delays.

Bitcoin trades at Rp1.518.093.708 on Pluang, up 6.81% as of Sep 21, 2026 20:34 WIB. The market cap stands at Rp30.637,55T with a 24-hour volume of Rp707,81T. Despite the regulatory uncertainty mentioned, most Pluang users are selling, with 77% sell orders and 23% buy orders, holding Bitcoin for about 110 days on average.

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