Bitcoin Rises; Potential Passage of U.S. Crypto Bill in Focus — Market Talk

Bitcoin rises in Asian trading as market sentiment improves ahead of the potential passage of the U.S. Clarity Act. A strong lobbying push by pro-crypto lawmakers and Wall Street has accelerated the bill's progress toward a Senate floor vote, generating positive headlines that have supported bitcoin, CoinMarketCap analyst Ray Salmond says. Meanwhile, aggregate trading volume has topped $1.9 billion, while spot bitcoin ETFs have recorded seven straight days of net inflows totaling $981 million, signaling market structure support, he adds. Bitcoin is up 1.0% at $65,234.01.([email protected])