THEY KILLED THE BILL. TWO CENTRAL BANKS HIKED. $183 MILLION OF SHORTS GOT WRECKED. BITCOIN TOOK $80,000 BACK ANYWAY.
The United States Senate buried the CLARITY Act 49-50 on Monday. The Federal Reserve raised rates for the first time in three years on Wednesday. The Bank of Japan hiked to a 31-year high on Friday. Washington spent a week doing everything it could to break Bitcoin, and Bitcoin responded the only way it knows how: it went up. From the mid-$76,000s on Thursday to a surge past $80,000 and a push above $81,000 by Friday morning, the one asset nobody voted for just did what no bank and no bill can stop.
First, the receipts. BTC jumped from around $76,000 to $80,900 in a single evening push, held the move, and traded above $81,000 on Friday, up roughly 6.4% in 24 hours. The breakout wasn’t a prayer. CoinGlass data put total crypto liquidations during the advance at roughly $192 million, with more than $183 million of it in short positions – the bears who bet against Bitcoin after the Senate vote got force-bought out of their positions, and their panic-buying is exactly what accelerated the move once $80,000 broke. Futures open interest climbed $56.37 billion even as funding stayed neutral: new money was coming in, not just covering.
And the “smart money”? It ran right back. Two sessions after $746 million fled U.S. spot Bitcoin ETFs, net flows flipped to +$159.5 million in a single day, led by $183.7 million into BlackRock’s IBIT. The same institutional crowd that panic-sold the CLARITY funeral spent the next 48 hours buying back in at higher prices. That is not capitulation. That is the market telling Washington which side it believes in.
The irony is almost too perfect. The Fed hiked to 3.75%-4.00% – the first increase since 2023 – and the 10-year Treasury yield promptly FELL. The Bank of Japan raised rates to their highest level in 31 years, and the yen weakened while global risk appetite improved. Every textbook economic law says a rate hike should crush a “risk asset” like Bitcoin. The textbooks are not doing well this week. When the dollar’s own guardians hike rates and Bitcoin shrugs, the message writes itself: they can reprice your mortgage, your credit card, your rent… but they cannot reprice the 21 million.
And here’s the part that should make you furious. The same Senate that killed your crypto protection handed the pen straight to the unelected agencies. Within 48 hours of the CLARITY funeral, the CFTC submitted crypto-asset rulemaking to the White House and the SEC quietly introduced an innovation exemption for tokenized securities. The bill is “dead,” and the bureaucrats are writing the rules anyway – rules you never voted on, with no congressional oversight, in the exact regulatory vacuum they created by killing the bill. They didn’t defeat regulation. They just made sure it happens without you.
Love Is Bitcoin Takeaway: The best hedge against a government that kills bills, hikes rates, and rewrites rules behind closed doors is the one asset that answers to nobody – and it just reclaimed $80,000 while everything was aimed at it. Don’t let an exchange or a bank hold the keys to that hedge. Buy on Bull Bitcoin using coupon code LOVEISBITCOIN at loveisbitcoin.com/bull and custody the coins yourself.
They killed the bill, hiked rates on two continents, and Bitcoin still took $80,000 back. So what exactly will it take to convince you the other side can’t win?
Disclaimer: This article is for informational purposes only and is not financial advice. Always do your own research before making investment decisions.
Sources: CoinStats AI market report, Thanh Nien via Vietnam.vn, Yahoo Finance, NostrMag
THEY KILLED THE BILL. TWO CENTRAL BANKS HIKED. $183 MILLION OF SHORTS GOT WRECKED. BITCOIN TOOK $80,000 BACK ANYWAY.
