Bitcoin recorded a strong rebound this week, rising more than 5% to break above the $95,000 level, supported by improving market sentiment and renewed institutional demand. The move came as broader crypto markets recovered, even while uncertainty persisted around stalled US crypto legislation.
US spot Bitcoin exchange-traded funds showed a clear turnaround, posting four consecutive days of net inflows totaling roughly $1.7 billion. The rebound in ETF demand suggests that institutional investors continue to view Bitcoin as an attractive long-term asset, despite regulatory delays in Washington. Ether also outperformed, climbing around 6.6%, helped by developments tied to major Ethereum treasury holders.
Regulatory Uncertainty Shapes Market Narrative
Investor attention remained focused on the delayed markup of the Digital Asset Market Clarity Act (CLARITY). Lawmakers are expected to postpone further consideration of the bill, which is designed to establish a comprehensive US crypto market structure framework. The delay followed renewed criticism from industry leaders, who flagged concerns over tokenized equities and decentralized finance provisions in the current draft.
While regulatory clarity remains unresolved, price action suggests traders are pricing in longer-term adoption rather than near-term legislative progress. The combination of rising prices and recovering ETF flows highlights a market that is resilient to policy uncertainty, with Bitcoin once again asserting its role as the sector’s primary macro asset.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.