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BTC Surges to $82K as Senate Committee Votes 15-9 to Advance Clarity Act

Bitcoin surged to $82,000 after the Senate Banking Committee voted 15-9 to advance the Digital Asset Market Clarity Act on May 14, igniting $440.7M BTC ETF and $69M ETH ETF inflows that reversed a pre-vote plunge to $79,547 amid $635M outflows and a $2.65T market cap dip. The rally shifted sentiment from European headwinds—MiCA's July 1 enforcement, UK Britcoin delays, Germany's 2027 tax-free gains end—to U.S. drivers like Lummis' relocation warnings, 52% bipartisan poll support, and banks' $6.6T deposit alarm. Progress toward full Senate passage fuels optimism for regulatory clarity and institutional adoption.

Category

Bitcoin

Sentiment

Neutral

Event

Policy impact

Reading time

1 min