O'Leary: Bitcoin Stuck at $60K Until CLARITY Act Passes

As of June 12, Kevin O'Leary maintains Bitcoin remains range-bound near $60,000 until the CLARITY Act becomes law, unlocking institutional and sovereign wealth allocations. The narrative began June 10 with O'Leary framing regulation as the true catalyst over price momentum, noting pension funds and endowments stay sidelined. By June 11, he highlighted the drop from near $120,000 highs amid ETF outflows and macro pressure, projecting 1-3% portfolio exposure post-legislation while simplifying his holdings to Bitcoin and Ethereum. The June 12 update adds that the GENIUS Act already aided stablecoins and emphasizes enterprise blockchain infrastructure as the larger opportunity.