Bitcoin price traded below $80,000 as investors braced for the US Senate CLARITY Act markup vote that could see sudden swings toward key BTC price levels.
Bitcoin (BTC) bulls made another attempt to reclaim the $80,000 level on Thursday, as traders expect price swings before and after the CLARITY Act vote.
Key takeaways:
The CLARITY Act, a proposed US bill that would set clearer rules for how regulators oversee the crypto market and stablecoins, is scheduled for a Senate Banking Committee markup vote on Thursday.
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