The U.S. Senate Banking Committee is set to review the "CLARITY Act" on January 15, a bill that could significantly impact Bitcoin's regulatory status in the U.S. Despite the potential implications, Bitcoin prices have remained stable, with on-chain data indicating limited inflows to centralized exchanges (CEXs), suggesting investors are not preparing for immediate sell-offs.
Market indicators such as the Spent Output Profit Ratio (SOPR) show that investors are maintaining their positions, reflecting patience and a wait-and-see approach. The CLARITY Act is seen as a potential milestone for Bitcoin's integration into the U.S. financial system as a regulated digital commodity, with on-chain data suggesting a shift towards more institutional-level holdings.
Bitcoin Investors Hold Steady as U.S. Senate Reviews CLARITY Act
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