Bitcoin Holds Above $65,000 Despite Senate Delay on Crypto Legislation

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Bitcoin climbed above $65,000 even as the U.S. Senate failed to pass the CLARITY Act before heading into recess. Lawmakers have postponed consideration of the crypto bill until the fall session. Market momentum was supported by steady inflows into Bitcoin ETFs and a weakening U.S. dollar. Analysts noted that macroeconomic factors proved more influential on prices than the legislative standstill in Washington.

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