Bitcoin clears $78K as Senate advances Clarity Act and S&P 500 hits a fresh record!

Bitcoin pushed above $78,000 as two macro tailwinds converged: the Senate cleared a key procedural hurdle for the Clarity Act, and the S&P 500 printed a new all-time high. The legislative progress on the Clarity Act — which aims to draw a clean boundary between securities and commodities for digital assets — removes a layer of regulatory overhang that has weighed on institutional positioning for months.

The timing of both moves in the same session is notable. A rising equity market signals broad risk appetite, while Senate momentum on crypto-specific legislation signals that Washington is moving from debate to action. Together, they give institutional desks a cleaner runway to add <a class="ticker-mention" href="/en-US/token/btc">BTC</a> exposure.

A sustained hold above $78K will be the near-term test — prior resistance at this level has been sticky, and the regulatory catalyst still needs to clear a full Senate vote before it becomes…