Bitcoin Defies Expectations Above $65,000 Despite Senate Delay

Bitcoin continued to defy expectations by holding above $65,000 despite the U.S. Senate's decision to postpone the CLARITY Act vote until September.

The cryptocurrency rose 3.7% over the week, driven primarily by investment flows rather than legislative news.

A weaker U.S. dollar following a weak jobs report and consecutive inflows into spot Bitcoin ETFs also contributed to the positive momentum.

Michael Saylor's recent activity has hinted at potential further Bitcoin purchases, further adding to market optimism.