Bitcoin crossed $80,000 on Monday morning. The cryptocurrency has now surged 19% over the past month, outperforming the S&P 500’s roughly 10% return over the same time frame.
The bullish sentiment appears tied to promising developments on the CLARITY Act, a bill that would create a regulatory framework for crypto. The legislation passed the House in July 2025 but lost momentum in the Senate as banks and stablecoin companies sparred over the treatment of stablecoin yield. But after lawmakers reached a compromise on a major sticking point in the bill, CLARITY’s prospects are looking brighter.
