Bitcoin Hits $66,000 on Clarity Act Hopes — But Bitwise's Jeff Park Says the Market Is Getting Ahead of Itself

Benzinga_recent_news02:46

Bitcoin (CRYPTO: BTC) rallied to $66,000 on Tuesday on Clarity Act optimism, but Bitwise Capital partner Jeff Park warned the market is getting ahead of itself with no Democratic support in place. ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2653200552?lang=en_US&edition=fundamental","thumbnail":"https://cdn.benzinga.com/cdn-cgi/image/width=3840,format=auto,quality=85/files/images/story/2026/07/21/Bitcoin.jpg","is_english":true,"pubTime":"2026-07-22 02:46","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2653200552","market":"hk","top_or_hot":-1,"title":"Bitcoin Hits $66,000 on Clarity Act Hopes — But Bitwise's Jeff Park Says the Market Is Getting Ahead of Itself","media":"Benzinga_recent_news","content":"<div>\n<p>Bitcoin (CRYPTO: BTC) rallied to $66,000 on Tuesday on Clarity Act optimism, but Bitwise Capital partner Jeff Park warned the market is getting ahead of itself with no Democratic support in place.\n...</p>\n\n<a href=\"https://www.benzinga.com/crypto/cryptocurrency/26/07/60591331/bitcoin-hits-66000-on-clarity-act-hopes-but-bitwises-jeff-park-says-the-market-is-getting-ahead-of-itself\">Source Link</a>\n\n</div>\n","source":"benzinga_recent_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitcoin Hits $66,000 on Clarity Act Hopes — But Bitwise's Jeff Park Says the Market Is Getting Ahead of Itself</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin Hits $66,000 on Clarity Act Hopes — But Bitwise's Jeff Park Says the Market Is Getting Ahead of Itself\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-07-22 02:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/crypto/cryptocurrency/26/07/60591331/bitcoin-hits-66000-on-clarity-act-hopes-but-bitwises-jeff-park-says-the-market-is-getting-ahead-of-itself><strong>Benzinga_recent_news</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Bitcoin (CRYPTO: BTC) rallied to $66,000 on Tuesday on Clarity Act optimism, but Bitwise Capital partner Jeff Park warned the market is getting ahead of itself with no Democratic support in place.\n...</p>\n\n<a href=\"https://www.benzinga.com/crypto/cryptocurrency/26/07/60591331/bitcoin-hits-66000-on-clarity-act-hopes-but-bitwises-jeff-park-says-the-market-is-getting-ahead-of-itself\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BITI","symbol_name":"1倍做空比特币期货ETF-Proshares","start_time":0,"source_url":"https://www.benzinga.com/crypto/cryptocurrency/26/07/60591331/bitcoin-hits-66000-on-clarity-act-hopes-but-bitwises-jeff-park-says-the-market-is-getting-ahead-of-itself","article_id":"2653200552","we_media_id":null,"thumbnails":["https://cdn.benzinga.com/cdn-cgi/image/width=3840,format=auto,quality=85/files/images/story/2026/07/21/Bitcoin.jpg"],"rights":{"source":"benzinga_recent_news","url":"https://www.benzinga.com/crypto/cryptocurrency/26/07/60591331/bitcoin-hits-66000-on-clarity-act-hopes-but-bitwises-jeff-park-says-the-market-is-getting-ahead-of-itself","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2653200552","pubTimestamp":1784659560,"columns":[],"sourceInfo":{"source_id":"benzinga_recent_news","name":"Benzinga"},"weMediaInfo":null,"summary":"Bitcoin hits $66,000 on Clarity Act hopes, but Jeff Park warns the rally may be premature without Democratic support.","collect":0,"end_time":0,"defaultTopTitle":"benzinga.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BITI":"1倍做空比特币期货ETF-Proshares","BTC":"Grayscale Bitcoin Mini Trust","CBXY":"Calamos Bitcoin 90 Series Structured Alt Protection ETF - July","CBOA":"Calamos Bitcoin Structured Alt Protection ETF - April","BTCC":"Grayscale Bitcoin Covered Call ETF","BITO":"比特币期货ETF-ProShares","BFAP":"FT Vest Bitcoin Strategy Floor15 ETF - April","CBOJ":"Calamos Bitcoin Structured Alt Protection ETF - January","BCCC":"Global X Bitcoin Covered Call ETF","BITQ":"Bitwise Crypto Industry Innovators ETF","CBTA":"Calamos Bitcoin 80 Series Structured Alt Protection ETF – April","BK4594":"比特币ETF概念","BK4601":"加密货币现货ETF","YBTC":"比特币看涨期权ETF-Roundhill","BTF":"比特币&以太币期货ETF-CoinShares","BTCI":"NEOS Bitcoin High Income ETF","ARKB":"比特币ETF-21Shares","CBTJ":"Calamos Bitcoin 80 Series Structured Alt Protection ETF - January","BPI":"Grayscale Bitcoin Premium Income ETF","BAGY":"Amplify Bitcoin Max Income Covered Call ETF","BTFX":"比特币期货ETF-CoinShares","BRRR":"比特币ETF-CoinShares","BITU":"2倍做多比特币期货ETF-Proshares","GBTC":"比特币ETF-Grayscale","BTCL":"T-REX 2X LONG BITCOIN DAILY TARGET ETF","DEFI":"比特币期货ETF-Hashdex","QBF":"Innovator Uncapped Bitcoin 20 Floor ETF - Quarterly","DFII":"FT Cboe Vest Bitcoin Strategy & Target Income ETF","CBOO":"Calamos Bitcoin Structured Alt Protection ETF - October","CBTO":"Calamos Bitcoin 80 Series Structured Alt Protection ETF - October","BTCO":"比特币ETF-Invesco Galaxy","BITX":"2倍比特币期货ETF-Volatility Shares","IBIT":"比特币ETF-iShares","CBTY":"Calamos Bitcoin 80 Series Structured Alt Protection ETF - July","BETE":"等权重比特币&以太币期货ETF-ProShares","BITY":"Amplify Bitcoin 2% Monthly Option Income ETF","FBTC":"比特币ETF-Fidelity","CBXA":"Calamos Bitcoin 90 Series Structured Alt Protection ETF – April","HODL":"比特币ETF-VanEck","BTRN":"比特币期货ETF-Global X","EZBC":"比特币ETF-Franklin","BFJL":"FT Vest Bitcoin Strategy Floor15 ETF - July","CBOY":"Calamos Bitcoin Structured Alt Protection ETF - July","BETH":"比特币&以太币期货ETF-ProShares","XBTY":"GraniteShares YieldBOOST Bitcoin ETF","CBXJ":"Calamos Bitcoin 90 Series Structured Alt Protection ETF - January","MAXI":"比特币期货ETF-Simplify","BTCW":"比特币ETF-Wisdom Tree","SBIT":"2倍做空比特币期货ETF-Proshares","BITB":"比特币ETF-Bitwise","MNRS":"GRAYSCALE BITCOIN MINERS ETF","BTCZ":"T-Rex 2X Inverse Bitcoin Daily Target ETF","CBXO":"Calamos Bitcoin 90 Series Structured Alt Protection ETF - October"},"translate_title":"比特币的《清晰法案》希望达到 66,000 美元——但 Bitwise 的 Jeff Park 表示市场正在超前","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BITX":0.6,"BETE":0.6,"CBXJ":0.6,"BRRR":0.6,"BTRN":0.6,"CBXY":0.6,"DEFI":0.6,"BTCC":0.6,"BITU":0.6,"BITY":0.6,"BCCC":0.6,"IBIT":0.6,"YBTC":0.6,"BITO":0.6,"BITQ":1.85,"CBOA":0.6,"CBOY":0.6,"BITI":0.6,"FBTC":0.6,"CBTA":0.6,"QBF":0.6,"CBTJ":0.6,"CBTO":0.6,"MNRS":0.6,"MAXI":0.6,"BTC":0.6,"BTCZ":0.6,"BAGY":0.6,"BITB":1.86,"BTFX":0.6,"CBOJ":0.6,"CBXA":0.6,"GBTC":0.6,"DFII":0.6,"BFAP":0.6,"ARKB":0.6,"BPI":0.6,"HODL":0.6,"BTF":0.6,"BTCI":0.6,"EZBC":0.6,"SBIT":0.6,"BETH":0.6,"CBOO":0.6,"BTCL":0.6,"XBTY":0.6,"BFJL":0.6,"CBTY":0.6,"BTCW":0.6,"BTCO":0.6,"CBXO":0.6},"content_text":"Bitcoin (CRYPTO: BTC) rallied to $66,000 on Tuesday on Clarity Act optimism, but Bitwise Capital partner Jeff Park warned the market is getting ahead of itself with no Democratic support in place.\nJeff Park told The Wolf Of All Streets podcast that the news flow around the Clarity Act is coming entirely from the Republican side, which he said is the part of the story markets are missing.\n“The White House has crafted an ethics proposal that they’re comfortable with, which to me is still very doubtful that it says Donald Trump can’t make money in crypto,” Park said. \nUntil language clears the Democratic side, he argued, passage odds remain low regardless of how the price reacts.\nThe vote count backs his skepticism. Senator Lindsey Graham’s (R-SC) death removes one Republican vote and Senator Mitch McConnell (R-KY) remains absent, meaning Republicans need at least seven Democratic votes to clear the 60-vote threshold. \nMoreover, he said the politics do not feel palatable right now, though he acknowledged an unexpected deal could trigger a sharp squeeze across crypto equities.\nPark said traders are already positioning for a Clarity Act win in names with the most direct exposure to the outcome. \nOn the token side, he said Ethereum (CRYPTO: ETH) and assets whose revenue models tie directly to the regulatory framework stand to benefit more than Bitcoin from passage.\nBitcoin would likely rally too, he said, but the cleaner trade sits in tokens where the legislation directly touches how they generate value.\nPark argued the Clarity Act sits at the center of a U.S. debt problem running out of solutions. \nThe federal deficit is on track to hit $40 trillion by year-end, with one out of every five dollars of government income going straight back out as interest payments. \nStablecoin rails and onchain tokenization, he said, are among the few realistic ways to bring offshore capital onshore to offset that pressure.\n“If you can’t expand vertically across time, it’s time to expand horizontally across other countries and take offshore capital onshore,” Park said.\nBitcoin’s move to $66,500 comes on the back of five consecutive days of ETF inflows totaling roughly $727.3 million, easing geopolitical tensions, and a rebound in technology stocks. \nPark said Clarity Act passage odds are what’s driving the current bid across Bitcoin, altcoins, and crypto equities over the next two weeks.\nPhoto via Shutterstock\nTo add Benzinga News as your preferred source on Google, click here.","kind":"highlight","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/2653200552","isCrawlerRequest":true}