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Bitcoin News

Bitcoin Rallies to $82K as CLARITY Act Clears Senate Banking

Bitcoin Regains $82K as CLARITY Act Clears Senate Banking in 15-9 Vote

Written By Jahnu Jagtap
Published 2026-05-14·Updated 5 months ago
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Bitcoin Rallies to $82K as CLARITY Act Clears Senate Banking
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Show AI Summary
The CLARITY Act’s advancement sets the stage for potential regulatory clarity in the crypto market, which could attract institutional investors and reduce uncertainty.
The bill’s bipartisan committee approval paves the way for a potential full Senate vote after merging with the Agriculture Committee’s crypto legislation.
Clearer US crypto rules could lead to increased market participation and reduced regulatory risks, driving growth in the sector.

Bitcoin climbed back toward the $82,000 mark on Thursday after the U.S. Senate Banking Committee voted 15-9 to advance the CLARITY Act, giving crypto traders a fresh regulatory catalyst during the afternoon session.

According to CoinMarketCap data shown at press time, Bitcoin was trading around $81,980, up 0.84% on the 4-hour chart, with its market capitalization rising to $1.64 trillion. The 24-hour trading volume also jumped 22.29% to $40.31 billion, signaling stronger market activity as the vote unfolded.

bitcoin rallies
Bitcoin Rallies Source: CoinMarketCap

The CLARITY Act, a long-awaited crypto market structure bill, cleared the committee with bipartisan support. Democratic Sens. Ruben Gallego and Angela Alsobrooks joined Republicans in voting to advance the bill, though Alsobrooks warned that her committee support would not guarantee a yes vote on the Senate floor unless remaining concerns are addressed.

The bill now moves into the broader Senate process, where lawmakers are expected to merge the Banking Committee version with the Senate Agriculture Committee’s crypto legislation before any full chamber vote.

Bitcoin’s move also came as crypto-linked equities rallied during the hearing, with Coinbase, Galaxy Digital, Strategy and other digital asset stocks moving higher. Traders appeared to price in the possibility that clearer U.S. crypto rules could support institutional participation and reduce regulatory uncertainty across the sector.

Also Read: CLARITY Act Live: Senate Banking Committee debates amendments

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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