Bitcoin and Ethereum Rise on ETF Inflows and Geopolitical Easing; CLARITY Act Odds Drop
Bitcoin and Ethereum gained on August 6 as increased ETF demand and easing US-Iran tensions, following Qatar's draft peace deal, boosted sentiment. Bitcoin ETFs saw $626 million in inflows since August 3, while Ethereum ETFs recorded $60 million on August 6. Meanwhile, the probability of the CLARITY Act passing fell to 16% amid uncertainty over Senate voting before the August 7 recess.
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Original headline: “Crypto Market Update August 6: Bitcoin Nears $65K as ETH, Pi Network Top Gains Despite CLARITY Act Uncertainty.” Browse more stories.