Bitcoin Surges Back Above $80,000 — Crypto Shrugs Off a Rate Hike and a Failed Senate Bill
The Senate blocked the CLARITY Act. The Fed raised rates. And Bitcoin still jumped nearly 6% to top $81,000, with Coinbase, Strategy, and Robinhood posting even bigger gains. The real catalyst was a quiet SEC move that opened a 5-year door to tokenized stock trading. Now comes the real test: can crypto stocks hold their gains when Monday's opening bell catches up to Bitcoin's weekend?
The SEC Just Opened the Door to 24/7 Stock Trading. Now Comes the Hard Part.
The SEC just approved a 5-year exemption for tokenized U.S. stocks that carry real dividends and voting rights, not synthetic price bets. That opens a path to 24/7 trading, fractional ownership, and near-instant settlement, and crypto stocks rallied on the news. But issuers can object and trading volume is capped. The permission slip is signed. Now the real test begins: will anyone actually use it?
Bitcoin Drops 4% After Senate Blocks Crypto Bill in 49–50 Vote: Why the Fed Decision Is the Next Test
The Senate fell 11 votes short of advancing a federal crypto framework, and markets reacted fast: Bitcoin slid 4% while Coinbase and Circle each lost 9%. The vote itself wasn't the biggest problem, though. It removed Bitcoin's best counterweight to rising yields just hours before the Fed announces its rate decision. Here are the 3 scenarios that could decide crypto's next move.