BTC trades at $65,234, up 0.67%, as crypto markets shrug off Senate postponement of the CLARITY Act vote.
Bitcoin remained above $65,000 on Monday, climbing 0.67% to $65,234 as the cryptocurrency extended its rebound from early-August lows. The move came despite the Senate delaying a vote on the CLARITY Act until September, a bill closely watched by crypto investors for its potential regulatory impact.
Ethereum rose 0.43% to $1,926, while the total crypto market cap stood at $2.30 trillion. Bitcoin dominance held at 56.8%, and the Fear & Greed Index signaled fear at 30. Crypto ETFs saw record inflows last week, adding to bullish sentiment.
Altcoins posted mixed gains, with small-cap tokens like Bubblemaps and CAP surging over 40%. Meanwhile, funding rounds for crypto startups continued, including a $9 million seed round for Vangrid and a $6.4 million extended Series B for Jpyc.