Bitcoin began May on a positive note after the U.S. Senate Banking Committee advanced the Clarity Act, legislation aimed at providing a clearer regulatory framework for digital assets. The proposal was viewed as one of the most significant regulatory developments for the cryptocurrency industry in years and initially fueled optimism that institutional adoption could accelerate under greater legal certainty. The positive momentum, however, proved short-lived. Selling pressure gradually intensified as investors shifted their attention from regulatory progress to macroeconomic developments, institutional fund flows, and ... (full story)