Bitcoin is trading sideways on Friday, following a delay of the CLARITY Act vote until September.

CryptocurrencyTickerPrice
Bitcoin(CRYPTO: BTC)$64,831.06
Ethereum(CRYPTO: ETH)$1,913.81
Solana(CRYPTO: SOL)$73.49
XRP(CRYPTO: XRP)$1.01
Dogecoin(CRYPTO: DOGE)$0.06972
Shiba Inu(CRYPTO: SHIB)$0.054590

Notable Statistics:

  • Coinglass data shows 76,590 traders were liquidated in the past 24 hours for $201.31 million.       
  • SoSoValue data shows net inflows of $128.7 million from spot Bitcoin ETFs on Thursday. Spot Ethereum ETFs saw net inflows of $92.2 million.
  • In the past 24 hours, top losers include Audiera, Ondo and Filecoin.

Notable Developments:

Trader Notes:

Senator Cynthia Lummis (R-Wyo.) expressed frustration in an X post over the CLARITY Act’s stalled progress but vowed to keep pushing for its passage, saying lawmakers have “come too far to quit now.”

Lummis argued the bill is necessary to establish clear U.S. crypto rules, protect consumers from scams and give law enforcement tools to target bad actors. She pledged to continue working with colleagues, declaring that the “fight is far from over.”

Trader Gum sees Bitcoin closely repeating its previous bear-market cycle, with a potential mid-August grind higher followed by a prolonged decline to new lows. A revisit of $57,000 could trigger a breakdown to attractive long-term accumulation levels.

CryptosBatman explained Bitcoin whale activity is mixed, with wallets holding over 10,000 BTC selling for three straight months while 1,000–10,000 BTC holders remain neutral. Meanwhile, 100–1,000 BTC wallets have steadily accumulated. Overall whale holdings have recovered to 3.06 million BTC from 2.87 million in December 2025.

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