Bitcoin pulled back to $80,815, up just 0.12% on the day, as investors stay cautious ahead of key U.S. Senate activity this week — notably the CLARITY Act markup, which could set the regulatory tone for crypto market structure heading into summer. Ethereum trades at $2,333, up 0.16%, with total crypto market cap sitting at $2.78 trillion.
Sentiment indicators reflect the wait-and-see mood: the Fear & Greed Index reads 48 (Fear) and the Altcoin Index sits at 46/100, while BTC dominance holds at 58.3%. Notably, 577,000 ETH worth $1.35 billion moved to Binance within hours, and USDT on Ethereum recorded its largest exchange outflow since February — two flows pointing in opposite directions that traders will be watching closely.
On the funding side, Reap closed a $600M M&A round backed by Payward, Sportix.ai secured $3.2M from Animoca Brands, and Saturn raised a $2M seed led by The…