Home
Cryptocurrency
Cryptocurrency News
Bitcoin Holds Near $77,000 as CLARITY Act Vote Takes Centre Stage

Bitcoin Holds Near $77,000 as CLARITY Act Vote Takes Centre Stage

Bitcoin remains under pressure as investors await a key crypto legislation vote.

Written by Rahul Dhingra, Edited by Rohan Pal | Updated: 15 September 2026 14:47 IST

Bitcoin Holds Near $77,000 as CLARITY Act Vote Takes Centre Stage

Photo Credit: Unsplash/Vitaly Mazur

Crypto investors weigh shifting market risks and policy developments

Click Here to Add Gadgets360 As A Trusted Source

Highlights

Bitcoin ETF outflows point to softer institutional demand
Bank of Japan rate decision adds another risk for crypto markets
Bitcoin shows resilience despite weakness in AI stocks

Bitcoin traded near Rs. 73.4 lakh on Tuesday as the cryptocurrency market remained cautious ahead of the Federal Reserve's September 15-16 policy meeting, while optimism around the CLARITY Act vote offered some support. Ethereum (ETH) was trading near Rs. 2.36 lakh, while major altcoins showed mixed momentum. Meanwhile, Bitcoin has shown resilience during the AI-stock selloff and continues to receive some support from optimism around the CLARITY Act vote. As per the data from CoinGecko, Bitcoin traded near $76,700 (roughly Rs. 73.5 lakh), and Ethereum was trading near $2,480 (roughly Rs. 2.38 lakh).

The world's largest cryptocurrency fell 1.2 percent in the last 24 hours, as per the Gadgets 360 price tracker. Analysts said uncertainty around the Federal Reserve's forward guidance is keeping volatility elevated, while recent Bitcoin ETF outflows indicate that institutional demand has moderated. Bitcoin has also broken below its 50-week EMA, while the Bank of Japan's expected rate hike to 1.25 percent this week is being closely watched after a similar move preceded a sharp Bitcoin selloff in August 2024.

Crypto Markets Discussion

Explore More...

Major Altcoins Traded With Mixed Momentum on Tuesday.

Binance Coin (BNB) was priced around $715 (roughly Rs. 68,832), while Solana (SOL) traded near $100.3 (roughly Rs. 9,680). XRP hovered around $1.40 (roughly Rs. 134), while Dogecoin (DOGE) was trading close to $0.08 (roughly Rs. 7.95).

Symbiosis Recovers 15 BTC Following Attack on syBTC Minting

Policy Uncertainty Keeps Bitcoin Within A Narrow Range

Highlighting Bitcoin's resilience despite a challenging macro backdrop, Prateek Gupta, Head of Business, Mudrex, said, “Bitcoin is trading near $76,700 (roughly Rs. 73.6 lakh) after breaking below its 50-week EMA as leverage unwinds. Markets are also watching the Bank of Japan, which is expected to raise rates to 1.25 percent this week, the highest since 1995. A similar move triggered a sharp Bitcoin selloff in August 2024. Meanwhile, spot Bitcoin ETFs recorded $463 million (roughly Rs. 444 crore) in net outflows over the past week.”

Assessing Bitcoin's positioning ahead of the Federal Reserve decision, Vikram Subburaj, CEO, Giottus.com, said, “While expectations of a 25-basis-point rate hike are largely priced in, uncertainty around the Fed's forward guidance is keeping volatility elevated. Recent Bitcoin ETF outflows have also moderated institutional demand [...] For investors, the key is to avoid reacting to short-term volatility around the Fed decision. Excessive leverage should be avoided, while staggered entries can help manage timing risk.”

Overall, analysts said recent ETF outflows and broader macroeconomic pressure are limiting the recovery, while Bitcoin's resilience during the AI-stock selloff and optimism around the CLARITY Act vote are providing some support. Traders are now watching the $75,000-$76,000 (roughly Rs. 71.9 lakh-Rs. 72.9 lakh) area as key support, while a sustained move above $80,000-$80,500 (roughly Rs. 76.7 lakh-Rs. 77.2 lakh) could improve the recovery outlook.

Cryptocurrency is an unregulated digital currency, not a legal tender and subject to market risks. The information provided in the article is not intended to be and does not constitute financial advice, trading advice or any other advice or recommendation of any sort offered or endorsed by NDTV. NDTV shall not be responsible for any loss arising from any investment based on any perceived recommendation, forecast or any other information contained in the article.

Comments

Get your daily dose of tech news, reviews, and insights, in under 80 characters on Gadgets 360 Turbo. Connect with fellow tech lovers on our Forum. Follow us on X, Facebook, WhatsApp, Threads and Google News for instant updates. Catch all the action on our YouTube channel.

Further reading: Crypto Markets, Crypto Prices, BTC, ETH, Bitcoin news

Rahul Dhingra

Email Rahul Dhingra

Rahul Dhingra is a crypto writer at Gadgets 360, where he covers the exciting world of Cryptocurrency, Blockchain, Defi and Web3. Before joining Gadgets 360, he worked as a content specialist for a European-based Crypto Exchange. Rahul loves storytelling, not just through the written word but also through the visual medium. Beyond his professional life, Rahul is a sports fanatic. Whether it’s cricket or football, his passion for the game is contagious. More