Bitcoin price extended its rebound on Thursday as a landmark U.S. crypto bill cleared a key Senate hurdle and Bitcoin‑linked credit products logged fresh milestones. Bitcoin price traded near $81,400 with intraday highs around $82,000, up more than 3% over the past 24 hours on more than $1 billion in spot trading volume.
The Senate Banking Committee advanced the Digital Asset Market Clarity Act on a 15–9 vote, with Sens. Ruben Gallego of Arizona and Angela Alsobrooks of Maryland joining all 13 Republicans. The bill, known as H.R. 3633, seeks a federal framework for digital asset trading, stablecoins and intermediaries, splitting oversight between the SEC and CFTC and setting registration, disclosure and compliance rules for exchanges, brokers and custodians.
Chair Tim Scott described the markup as a turning point after years in which crypto firms faced a “regulatory gray zone” under rules built for earlier markets, and framed the bill as a way to keep innovation inside the United States while tightening controls on criminal use of digital assets. Sen. Cynthia Lummis, who leads the committee’s digital assets panel, called the Clarity Act the hardest bill of her career and “a case of first impression” for fitting new software‑based assets into existing financial law.
Ranking Member Elizabeth Warren led the opposition and argued that the bill weakens securities protections, preempts state anti‑fraud rules and lets banks build large crypto exposures, which she linked to pre‑2008 risk patterns.
She said the framework “declares open season” on consumers and labeled it “industry‑written” and “not ready,” while allies raised ethics and national‑security concerns tied to President Donald Trump’s crypto businesses, mixers and stablecoins.
STRC and SATA extend Bitcoin credit boom
Against that backdrop, Strategy Inc.’s STRC preferred stock continued to scale up its Bitcoin accumulation program. Bitcoin for Corporations’ live STRC ATM Tracker showed more than $1.24 billion in total issuance volume, an estimated 11,709 BTC acquired and an effective yield of 11.5%, with proceeds capture rate near 80%, at the time of writing.
The marketed structure targets 26 times the current daily Bitcoin supply, underscoring how ATM issuance has turned STRC into one of the largest corporate Bitcoin buyers on record.
Strive’s SATA preferred stock advanced its own experiment in yield design. Strive disclosed plans for SATA to pay cash dividends every business day starting in June while maintaining a 13.00% annual rate, which the firm estimates produces an effective yield near 13.88% through daily compounding. SATA sits on a debt‑free balance sheet with more than 15,000 BTC and an 11.1% Bitcoin Yield for the first quarter of 2026.
Bitcoin price teeters near $82,000
It was a strong day for bitcoin price Bitfinex analysts wrote to Bitcoin Magazine saying the once dominant funding rate has lost signal power, so they are turning attention to options positioning as Bitcoin price pushes around the 80,000 zone.
The analysts added that ETF demand and open‑market accumulation now drive the move instead of STRC‑linked buying, with long‑horizon “conviction buyers” holding close to four million BTC in the strongest two‑quarter increase in this cohort since the COVID‑19 crash, which pulls more bitcoin out of circulating supply and could help the bitcoin price go up.
Source link
