#cryptoslate

The post Bitcoin’s rally has 4 weeks to get its Washington CLARITY catalyst before the clock runs out appeared on BitcoinEthereumNews.com. The US Senate returns to Washington next week with 20 working days to decide whether the CLARITY Act, which is the most advanced crypto market-structure bill in Congress, becomes law this summer or slips into another round of delay. Data from CryptoSlate shows that Bitcoin has climbed about 10% this month after a bruising June, rising from late-month lows to briefly trade above $64,000 before pulling back near $61,881 late Wednesday morning. The recovery has steadied market sentiment, but traders are still looking for confirmation that the bounce has more behind it than short covering and relief after weeks of selling pressure. The Digital Asset Market Clarity Act has become one of the clearest candidates for that next catalyst. The legislation is designed to establish a federal framework for digital asset markets and clarify how oversight is split

The post Bitcoin’s ETF comeback is relying on a $79B futures market betting the rebound holds appeared on BitcoinEthereumNews.com. Bitcoin’s rebound above $63,000 is being helped by renewed ETF inflows, but the harder test will now be whether the liquidity beneath the move can absorb shock from rising leverage, funding pressure, or a sudden reversal in fund demand. Data from CryptoSlate shows BTC trading around $61,500 as of press time, down 3.2% over the last 24 hours but up 2.8% over the past week. The price is just about sustaining Bitcoin’s recovery from late-June lows near $58,500, when weak ETF flows, rising exchange supply, and softer liquidity combined to pressure the market. This now-fragile rebound has more support than it did during the June sell-off because ETF inflows have returned, even as rising futures activity makes the recovery more sensitive to market positioning. Related Reading Bitcoin price rebounds to $63K as leverage returns creating short term volatility risk B