Bitcoin Breaks $93K as CLARITY Act Delay Fails to Weigh

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Bitcoin made new weekly highs above $93,000 despite a delay in the CLARITY Act legislation by US lawmakers. Can BTC hold its gains without a surge in ETF flows and retail investor demand?

Bitcoin’s (BTC) price made a new weekly high of $93,500 on Jan. 13 as lawmakers pushed back deliberations on the long-awaited CLARITY Act, a bill designed to define crypto market structure in the United States.

Bitcoin continues to rally despite the CLARITY Act markup being pushed to late January.

Exchange netflows stayed low, and the SOPR hovered near 1, signaling minimal profit-taking.

Retail demand for BTC remains low during this recovery rally, as liquidity remains considerably thin.

Bitcoin gains as volatility compresses after CLARITY Act delay

Senate committees, including Agriculture and Banking, postponed planned markups of the CLARITY Act to the final week of January. Senate Agriculture Committee Chair John Boozman confirmed the delay, citing unresolved disagreements over stablecoin incentives, DeFi oversight, and agency jurisdiction. 

While earlier expectations had already shifted to 2026, the latest pause further clouds the prospects for swift legalization. Yet BTC price action suggests traders are largely unfazed.


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Some analysts have expressed concern at BTC’s inability to hold prices above $112,000 and its frequent revisits to the range lows, but the range compression shown by the four-hr and daily higher lows and lower highs (candlestick chart below) could be a positive sign. 

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