Bitcoin Holds Near $64,000 as U.S.-Iran Tensions Escalate — CLARITY Act Set for July 20 Senate Vote
Bitcoin is trading at $63,781 (-0.06%)** while Ethereum is up **1.05% to $1,806. Over the weekend, the U.S. launched a third round of strikes against Iran, targeting missile and air defense systems near the Strait of Hormuz. Iran retaliated by launching attacks on U.S. military bases in Kuwait, while Israel launched artillery strikes on southern Lebanon. The Fear & Greed Index has climbed to 28 (Fear), up from 26. On the regulatory front, the U.S. Senate plans to advance the CLARITY Act for a full vote on July 20. Treasury Secretary Scott Bessent reiterated the administration has no plans for a CBDC and urged Congress to accelerate legislation. Polymarket generated a record $11 million in revenue this week as World Cup prediction activity surged.
Risk reminder: Geopolitical tensions remain highly fluid. A break below $63,000 could expose downside toward $62,000
