Bitcoin climbs above $78 k as Senate clears Clarity Act; S&P 500 hits record
Fast facts
- Category: Crypto
- Language: EN
- Published: 2026-05-02 02:49 UTC
- Sources: CoinDesk
Bitcoin rose past $78,000 after the U.S. Senate cleared the Clarity Act, which removes a regulatory hurdle for crypto firms. The market reaction coincided with the S&P 500 reaching a new all‑time high. Analysts attribute the price boost to reduced regulatory uncertainty and broader optimism in risk assets.
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