Bitcoin Rebounds to Near $81,323 Amid Broader Altcoin Rally
Bitcoin has held steady near $81,323 after rebounding from last week's losses. The recovery follows a volatile stretch triggered by the Federal Reserve's latest rate decision and a failed Senate vote on crypto market structure legislation.
Total crypto market capitalization stands near $2.74 trillion, with Bitcoin dominance holding above 58%. Zcash leads the top 10 coins with a near 5% gain, followed closely by BNB and XRP as institutional demand fuels a broader altcoin rally.
The CLARITY Act stalled again in the Senate, leaving crypto market structure rules in limbo. Lawmakers on both sides voiced frustration over the delay, but traders largely brushed off the outcome since most desks had already priced in the delay.