{"id":230356,"date":"2026-09-21T15:34:20","date_gmt":"2026-09-21T15:34:20","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=230356"},"modified":"2026-09-21T15:34:20","modified_gmt":"2026-09-21T15:34:20","slug":"bitcoin-price-shrugs-off-clarity-act-fail-blasts-past-86000","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=230356","title":{"rendered":"Bitcoin Price Shrugs Off Clarity Act Fail, Blasts Past $86,000\u00a0"},"content":{"rendered":"

Bitcoin Magazine<\/a><\/p>\n

Bitcoin Price Shrugs Off Clarity Act Fail, Blasts Past $86,000\u00a0<\/a><\/p>\n

<\/div>\n

Long-awaited crypto legislation failed last week \u2014 but Bitcoin buyers don\u2019t seem to care.\u00a0<\/p>\n

The price<\/a> of the leading cryptocurrency shot up Monday by nearly 7% over a 24-hour period, six days after lawmakers blocked the Clarity Act.\u00a0<\/p>\n

Digital asset industry bigwigs have been calling for clear rules to be put in place to regulate the fast-moving space. But the key legislation aiming to do so in the form of the crypto market structure bill didn\u2019t progress<\/a> last week after Democrats mostly disagreed with the ethics side of the bill.\u00a0<\/p>\n

\n

JUST IN: Bitcoin surges to $86,030 pic.twitter.com\/3Z0RvIVvJ3<\/a><\/p>\n

\u2014 Bitcoin Magazine (@BitcoinMagazine) September 21, 2026<\/a>\n<\/p><\/div>\n

Bitcoin\u2019s price has shrugged off the bill\u2019s collapse, and recently stood at $86,225 after touching as high as $86,247 Monday morning in New York.\u00a0<\/p>\n

Over a 30-day period, the coin is up 10%. Bitcoin started a phenomenal run in August \u2014 its best in years \u2014 after the U.S. Treasury announced<\/a> it would at least double the size of its liquidity-support buyback operations.<\/p>\n

The asset\u2019s price further benefited after U.S. President Donald Trump the same week hosted a meeting at the White House with crypto industry leaders and urged lawmakers to get what he called the \u201cpowerful\u201d Clarity Act over the line.\u00a0<\/p>\n

Both Republicans and Democrats blocked the bill but Democrats had mostly been accused of trying to deliberately stall it by pro-crypto lawmakers for months.\u00a0<\/p>\n

The central sticking point for Democratic lawmakers was the conflict of interest posed by the Trump family\u2019s crypto holdings. Beginning in the run-up to his return to office, the president and his sons launched a series of digital asset ventures, and Trump\u2019s own financial disclosure reported roughly $1.4 billion in crypto-related income.\u00a0<\/p>\n

The White House says his assets sit in a trust managed by his children and that no conflict exists.<\/p>\n

Democratic Senator Elizabeth Warren, of the crypto industry\u2019s loudest critics, told<\/a> congress ahead of the vote that the bill \u201cposed a massive risk to families.\u201d<\/p>\n

Though despite the bill not advancing, the Securities and Exchange Commission and Commodity Futures Trading Commission are pushing ahead with rulemaking.\u00a0<\/p>\n

Bitcoin exchange-traded funds in the U.S. experienced positive net flows last week after having started the week with investors cashing out.\u00a0<\/p>\n

On Thursday and Friday, investors bought nearly $593 million in shares in the products managed by BlackRock, Fidelity, and Grayscale, according<\/a> to Farside Investors data.\u00a0<\/p>\n

The Federal Reserve also last week raised interest rates \u2014 as expected \u2014 but the price of bitcoin hasn\u2019t been affected by the central bank\u2019s decision. Bitcoin has performed well in the past in a low interest rate environment.\u00a0<\/p>\n

This post Bitcoin Price Shrugs Off Clarity Act Fail, Blasts Past $86,000\u00a0<\/a> first appeared on Bitcoin Magazine<\/a> and is written by Mathew Di Salvo<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin Magazine Bitcoin Price Shrugs Off Clarity Act Fail, Blasts Past $86,000\u00a0 Long-awaited crypto legislation failed last week \u2014 but Bitcoin buyers don\u2019t seem to care.\u00a0 The price of the leading cryptocurrency shot up Monday by nearly 7% over a 24-hour period, six days after lawmakers blocked the Clarity Act.\u00a0 Digital asset industry bigwigs have […]<\/p>\n","protected":false},"author":0,"featured_media":230357,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-230356","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/230356"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=230356"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/230356\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/230357"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=230356"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=230356"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=230356"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}