Bitcoin Holds Steady Ahead of $80,000 as US CLARITY Act Gains Momentum

Anticipation over the potential passage of the US CLARITY Act, a digital asset market structure bill, has driven a rise in Bitcoin and other major digital assets. Predictions for year-end legislation peaked at 30% during the day before dropping to 16%, causing Bitcoin to partially give back some gains. As of 8:14 a.m. on May 15, Bitcoin (BTC) traded at 107.6 million won on domestic exchange Upbit, up 1.18% from the previous day's 9 a.m., while Binance recorded a 2.27% increase to $78,428 globally.