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Crypto Market Update: Bitcoin Nears $65K, ETH and PI Rise

Crypto Market Update: Bitcoin Nears $65K, ETH and PI Rise

The crypto market traded with mixed momentum on August 6. Bitcoin (BTC) moved closer to the $65,000 mark, while Ethereum (ETH) and Pi Network (PI) outperformed most major cryptocurrencies.

The gains came despite growing uncertainty over the CLARITY Act, which still has not received a Senate vote before the U.S. Congress begins its August recess.

Missed yesterday’s market action? Read our Crypto Market Update August 5 to see how ETF inflows and market sentiment shaped the previous trading session.

Bitcoin and Ethereum Rise as ETF Demand Continues

Bitcoin traded around $64,500, gaining nearly 1% during the day. Ethereum also moved higher, climbing above $1,900 after posting one of its strongest daily performances in recent weeks.

One of the…

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