🔈🔈 BTC MARKET UPDATE – 18/07/2026
💥 BTC is currently trading around $63,800, virtually flat over the past 24 hours as the market awaits new developments from Washington. The focus remains on legal news and announcements from major companies in the crypto industry.
💎 Key news today:
✔️ The U.S. House of Representatives has completed its hearing session on the CLARITY Act; the bill continues to be moved to the next stages of review. The crypto community is waiting for the voting schedule and further updates from the U.S. Congress.
✔️ Donald Trump is continuing to lobby Senators to advance the CLARITY Act, with the goal of pushing the bill further before the Congressional recess. This remains the most closely tracked legal event in the crypto market this week.
✔️ Strategy (MicroStrategy) did not buy additional BTC in the past week; instead, it raised approximately $467 million via stock issuance to increase its cash reserves. This move continues to draw market attention.
✔️ Investors are waiting for new information on the GENIUS Act and the CLARITY Act, as any positive signals from the U.S. Congress could become a major catalyst for the entire crypto market.
✔️ Bitcoin stays around the $63.8K area, while altcoins also trade cautiously ahead of more new macro and regulatory news.
🛡 Outlook & Strategy:
✔️ Near support: ~$63,500
✔️ Strong support: ~$62,500
✔️ Near-term resistance: ~$64,500
✔️ Strong resistance: ~$65,500
💥 BTC is currently trading around $63,800, virtually flat over the past 24 hours as the market awaits new developments from Washington. The focus remains on legal news and announcements from major companies in the crypto industry.
💎 Key news today:
✔️ The U.S. House of Representatives has completed its hearing session on the CLARITY Act; the bill continues to be moved to the next stages of review. The crypto community is waiting for the voting schedule and further updates from the U.S. Congress.
✔️ Donald Trump is continuing to lobby Senators to advance the CLARITY Act, with the goal of pushing the bill further before the Congressional recess. This remains the most closely tracked legal event in the crypto market this week.
✔️ Strategy (MicroStrategy) did not buy additional BTC in the past week; instead, it raised approximately $467 million via stock issuance to increase its cash reserves. This move continues to draw market attention.
✔️ Investors are waiting for new information on the GENIUS Act and the CLARITY Act, as any positive signals from the U.S. Congress could become a major catalyst for the entire crypto market.
✔️ Bitcoin stays around the $63.8K area, while altcoins also trade cautiously ahead of more new macro and regulatory news.
🛡 Outlook & Strategy:
✔️ Near support: ~$63,500
✔️ Strong support: ~$62,500
✔️ Near-term resistance: ~$64,500
✔️ Strong resistance: ~$65,500