Senate clears crypto bill. What's keeping BTC at $78K?

Senate clears crypto bill. What's keeping BTC at $78K?

From Token Metrics Daily Pulse by Token Metrics

May 3, 2026 · 8 min

About this episode

The episode discusses the recent developments in crypto legislation and market reactions, particularly focusing on Bitcoin's price and the Clarity Act.

Clarity Act yield deal is done. BTC sits at $78K, barely breathing. Fear & Greed climbed to 47 - Neutral for the first time in weeks. Big win for crypto law. Muted reaction from the market. Today's key developments: • The Clarity Act stablecoin yield deal just cleared its biggest Senate hurdle - and for the first time, paying interest on stablecoins is on the table. • The Ethereum Foundation sold another $23 million in ETH to Bitmine in a third OTC deal - and the market barely blinked. • Brazil's central bank just banned stablecoin and crypto settlement in cross-border payments - one of the most restrictive moves by a major emerging market economy this year. 📰 Read the full Daily Pulse: https://pulse.tokenmetrics.com/p/senate-clears-crypto-bill-what-s-keeping-btc-at-78k-may-3-2026?utm_source=spreaker&utm_medium=audio&utm_campaign=daily_pulse_podcast 🔔 Subscribe for daily crypto market updates! ⚠️ Disclaimer: This content is for educational purposes only and does not constitute investment advice. Always do your own research. #crypto #bitcoin #ethereum #dailypulse #tokenmetrics Sign up for the Daily Pulse at tokenmetrics.com

Topics covered

  • crypto legislation
  • Bitcoin
  • stablecoins
  • market reaction
  • Ethereum
  • Brazil crypto regulations

Keywords

  • crypto
  • Bitcoin
  • Ethereum
  • Clarity Act
  • stablecoins
  • market news
  • Brazil
  • investment

Mentioned in this episode

Organizations: Ethereum Foundation, Bitmine

Places: Brazil

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