Bitcoin surged to $82,000 on Thursday before pulling back to consolidate near $80,500. The move came as the US Senate Banking Committee advanced the Clarity Act in a 15-9 vote, with two Democratic senators crossing party lines. The bill now heads to the full Senate for a vote.
The Clarity Act clears committee
The vote wasn't unanimous — but it was decisive. The Clarity Act, which aims to provide a clearer regulatory framework for digital assets, got bipartisan support in committee. That sent a signal to markets. Coinbase (COIN) jumped 8% on the news, MicroStrategy (MSTR) added 7%, and Bitcoin ETFs absorbed $131.3 million in net inflows on May 14 alone.
For now, the bill's path forward is the big unknown. The full Senate vote hasn't been scheduled yet, but the committee's approval gives it momentum.
Bitcoin price: $80K floor, $82K ceiling
Traders are watching two levels closely. $80,000 is acting as a psychological floor — Bitcoin briefly dipped below it in the pullback but recovered. Immediate resistance sits just above $82,000. If the price clears that on sustained ETF demand, momentum traders are targeting the $85,000 to $88,000 band as the next resistance zone.
On the downside, a close below $79,000 likely triggers a retest of $74,000, which analysts flag as a potential bear market support zone.
Post-halving dynamics have been quiet so far. Regulation and macro sentiment are seen as the likely drivers of the next major move.
Bitcoin Hyper presale keeps rolling
Separately, the Bitcoin Hyper presale continues to draw capital. The project describes itself as the first Bitcoin Layer 2 with native Solana Virtual Machine (SVM) integration. The presale price is $0.0136801 per $HYPER, with over $32.68 million raised so far. Staking is live with a high APY, and a Decentralized Canonical Bridge for BTC transfers is part of the infrastructure.
The presale hasn't ended yet, so the final raise number will change. But the interest is real — even as the broader market watches the Senate floor.
