Crypto
Bitcoin Surges to $79,069 on CLARITY Act Speculation
Bitcoin reclaimed the $78,000 level after three days of trading below it, as speculation surrounding the CLARITY Act drove up its price.
The prediction market odds of the act becoming law spiked ahead of Tuesday's key vote, which is set to be a major catalyst for the cryptocurrency markets.
CoinGlass data shows that 80,121 traders were liquidated in the past 24 hours for $228.09 million, while SoSoValue reported net outflows of $13.3 million from spot Bitcoin ETFs on Friday.