Bitcoin Holds Near $60K as Clarity Act Sparks $10T FOMO Hopes

Bitcoin trades around $60,000 on July 12 after slipping from $63,970 the prior day, with regulatory developments overtaking fork risks as the dominant market narrative. On July 11, developers advanced rival 2026 upgrade paths including Paul Sztorc’s eCash hard fork at block 964,000 and BIP-110, raising the prospect of an unintended chain split around August. Exchange flows showed Binance inflows of $308 million versus $207 million outflows at Gate, while Kalshi odds for a U.S. crypto bill stood at 50%. The latest coverage now highlights the Clarity Act as the potential ultimate catalyst that could unlock institutional FOMO and drive a $10 trillion market re-rating.