Here’s what happened in crypto today – BTC ETFs, CLARITY Act, & more
Bitcoin [BTC] has held on to its weekly features after bouncing from $65.8K to $72K. Curiously, the rally has now flipped key on-chain metrics bullish, suggesting a possible sustainable restoration.
Past BTC’s resilient value momentum, different high crypto headlines embody market expectations for the CLARITY Act passage dropping and ETH’s weak long-term outlook.
Right here’s a full breakdown of the highest updates that formed the market previously 48 hours.
BTC ETFs flip optimistic: A bullish signal?
Spot BTC ETFs have made a large comeback, with the 30-day rolling common hitting a file excessive of $39 million because the bear market started.
The final time the Spot BTC ETFs briefly turned optimistic was in early January 2026, and the 30-day common BTC ETF inflows peaked at $30 million. This lifted the asset from $85K to $96K, however the flows shortly turned detrimental afterward.
Commenting on the present BTC ETF flows, analysis agency Ecoinometrics projected,
If inflows persist, it may mark the early levels of demand stabilization for Bitcoin.
Curiously, a few different key metrics have additionally improved and will additional assist stabilize BTC’s value. AMBCrypto beforehand reported that value momentum and stablecoin liquidity have additionally turned optimistic.
Nevertheless, a sustainable BTC’s upward momentum nonetheless wants the clearance of the $73K hurdle.
CryptoQuant warns ETH may drop to $1.5K
Individually, analytics agency CryptoQuant has turned bearish on ETH, citing an ‘adoption paradox’ with file Ethereum community exercise, but the altcoin’s value struggles.
The Ethereum community noticed a file variety of lively addresses of over 1 million in February. However the ETH value has declined by 57% from the 2025 excessive of $4.9K, marking a divergence from the final cycle when community exercise coincided with sturdy rallies on value charts.
Apart from, ETH has seen larger change inflows in comparison with BTC, which partly explains the altcoin’s relative underperformance in opposition to the king coin.
In truth, ETH’s weak spot has been strengthened by large on-chain capital outflows.
ETH’s realized cap, which tracks capital flows, has declined from $315 billion to $300 billion, a whopping $15 billion in outflows since final November. Citing the weak spot, CryptoQuant’s head of analysis, Julio Moreno, warned that,
We have to see optimistic capital inflows and decrease change inflows for ETH to exit the bear market.
In any other case, Moreno projected the ETH value may slip to $1.5K in Q3 or This fall 2026 if the bear market extends. At press time, the altcoin traded at $2.1K.
CLARITY Act passage odds drop beneath 60%
Lastly, the market has repriced the possibility of the crypto market construction invoice, the CLARITY Act, turning into a regulation this 12 months. At press time, the percentages of the invoice’s passage dropped to 56%, from a excessive of 78% final week.
The passage odds additionally fell after a latest revelation by Senate Majority Chief John Thune that the invoice might not progress out of the committee by April as earlier anticipated.
Individually, the White Home and the banks have been in a standoff previously few days over the stablecoin yield situation. As such, the elusive stablecoin yield deal could possibly be stalling the invoice once more.
Ultimate Abstract
- Spot BTC ETFs’ web inflows fronted a breakout and hit a file 30-day common stage of $39M because the bear market started.
- The possibility of CLARITY Act passage has slipped beneath 60% as White Home and banks hit a roadblock on stablecoin yield.
