Rising Treasury yields fueled macro-driven selling, pressuring Bitcoin below $80,000
Regulatory optimism from the Clarity Act supported the long-term bullish narrative
Institutional accumulation continued, with Strategy recording $1.5 billion in trading volume
Bitcoin came under heavy selling pressure in the past 24 hours, dropping below the psychologically important $80,000 levels. The broader crypto market followed suit, with over $650 million in long liquidations wiping out much of the week’s gains.
Yet beneath the surface, regulatory tailwinds from the advancing Clarity Act and continued corporate accumulation signaled that the long-term bullish narrative remains intact.
The total crypto market capitalization dipped…
