Bitcoin reclaims $78,000 amid CLARITY Act push in Senate

Bitcoin (CRYPTO: BTC) moved back above $78,000 for the first time in three days after Sen. ) said President Donald Trump had agreed to additional ethics restrictions ahead of Tuesday's CLARITY Act vote. Lummis said the latest text would give state attorneys general direct authority to enforce ethics restrictions on federal officials, while also letting them pursue digital asset exchanges and issuers under consumer protection laws. She said the final version includes "substantially all" of the Tillis-Gallego framework and more than 120 changes requested by Democrats.

The changes include tighter conflict-of-interest rules for crypto exchanges, limits on affiliate trading and Treasury "circuit-breaker" authority aimed at protecting community banks. Lummis called Tuesday's vote a make-or-break moment for the bill and said a rejection would derail both the ethics package and broader consumer protections for digital asset holders. Sen. " The odds of legislation becoming law before Apr.

1, 2027, rose 21 basis points to 64% on prediction market platform Kalshi. ) said the final legislation would strengthen law-enforcement authority and give the Treasury Secretary additional tools to protect community banks, farmers and rural communities. "It's time for the Senate to move this strong, bipartisan bill forward," he said. Tuesday's vote could determine whether the Senate's crypto market structure push moves ahead.

Over the past week, the CLARITY Act has faced fresh debate over whether crypto companies should be required to separate conflicting lines of business. The chance of CLARITY Act passage had fallen to 14% in a separate reference.