Bitcoin Tops $66,000 As Ethereum, XRP, Dogecoin Rally On White House Backing CLARITY Act Ethics Package

Benzinga02:20

Bitcoin climbed back above the $66,000 mark after the White House reportedly reached an agreement on an ethics package tied to the CLARITY Act. Up until now, Democrats demanded stronger guardrails on ...

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The bill needs 60 Senate votes to advance, making bipartisan support mathematically necessary.\nThe rally also pushed crypto sentiment into the Neutral zone (40) for the first time in nearly a month after an extended period of Fear and Extreme Fear.\nCrypto Poseidon highlighted that Bitcoin bottomed near $60,000 despite calls for $45,000, but renewed euphoria at the range high could signal another reversal. He expects BTC to peak around $70,000 before gradually falling back toward $60,000 by September.\nCryptosBatman sees Bitcoin testing the daily 50-day EMA, a level that has capped every major rally this year. A decisive breakout could signal a broader trend reversal, while another rejection would reinforce the prevailing bearish structure.\nMN Fund founder Michael van de Poppe noted Bitcoin has climbed to its highest level in more than a month, signaling improving market momentum, but the rally has yet to accelerate.\nThe analyst says a decisive break above last month’s $67,000 high could open the path toward $73,000.\nImage: Shutterstock\nTo add Benzinga News as your preferred source on Google, click here.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.46.0","shortVersion":"4.46.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2653009062","isCrawlerRequest":true}