Bitcoin Holds Steady Ahead of Senate Crypto Vote
The Bitcoin market is holding steady at $76,500 as it enters a crucial period ahead of a Senate vote on the Clarity Act. The bill aims to clarify digital-asset oversight between the SEC and CFTC, add registration requirements, and tighten anti-money-laundering rules.
The procedural vote on September 15 will determine whether the legislation advances, with key issues such as stablecoin rewards and an ethics provision still unresolved.
Despite the uncertainty surrounding regulation, investors have continued to rotate into infrastructure-focused plays that aim to solve usability and interoperability. LiquidChain (LIQUID) is one such project, which has raised nearly $960,000 in its presale and is close to reaching the $1 million threshold.