Bitcoin price momentum strengthened as markets reacted to speculation about Donald Trump potentially signing the CLARITY Act on April 3. BTC hovered near $72,400 after gaining nearly 4% during the past 24 hours. The wider cryptocurrency market also advanced, gaining 1.24% to $2.45 trillion.
The recent surge is bringing Bitcoin price near the important point of $75,000 once again. Meanwhile, other top coins such as Ethereum, Solana, Cardano, and Dogecoin also experienced significant rebounds together with Bitcoin.
Donald Trump Signs the CLARITY Act on April 3, 2026
The debate over the CLARITY Act intensified on April 3, 2026, after President Donald Trump publicly criticized major U.S. banks.
The president claimed that financial institutions are trying to undermine the digital asset policy of his administration.
In a Tuesday evening post on Truth Social, Trump reposted the criticism. He threatened banks that could block cryptocurrency development or risk his administration.
His comment is made as the CLARITY Act is still pending in the Senate Banking Committee.
The planned markup hearing was postponed in January, which delayed the debate and voting on possible amendments. Both the representatives of the banking industry and the crypto industry are still negotiating on the lawmakers.
The point of contention is stablecoin regulations and the ability of the third parties to offer yield services to customers.
Multiple banks believe that such provisions might pose a risk to the old traditional deposits and the stability of the financial system.
Crypto firms argue that innovation needs regulation, enabling more people to access digital financial services. Last year, Trump signed the GENIUS Act, establishing a significant regulatory framework of stablecoins.
He now asks Congress to immediately enact the CLARITY Act to bolster U.S. leadership in digital assets. The crypto market bill is closely subject to scrutiny by market participants as it may affect future cryptocurrency regulation.
Analysts believe clearer rules could boost investment and strengthen confidence across the growing crypto industry.
BTC Demand Grows as Spot ETFs Record $1.47B Inflows in Two Weeks
Bitcoin traded near $72,500 as institutional interest strengthened through continued inflows into U.S. spot Bitcoin exchange-traded funds.
Spot Bitcoin ETFs’ net inflows were an estimated $155 million on Wednesday, marking 2 weeks of continuous accumulation.
According to market data, these investment products have received about 1.47 billion in the last 2 weeks.
BlackRock IBIT ETF was the top performer with almost $307 million of new capital inflow within a single trade day.
Analysts observe that there is continued ETF demand that contributes to the price stability of Bitcoin after the previous uncertainty on the market.
Bitcoin Price Prediction: Will BTC Rally to $77K This Week?
As of Thursday, BTC price pumped to $72,650 as bullish momentum pushed Bitcoin toward key resistance levels today. The 4-hour chart shows Bitcoin consolidating near $72,000 after a sharp rally from recent lows.
The market indicators on the chart indicate that short-term momentum is currently in the hands of buyers.
The Relative Strength Index is above 60, indicating a bullish trend. In the meantime, the Chaikin Money Flow remains positive, indicating that there is an inflow of capital to Bitcoin positions.
Nevertheless, the presence above $72,000 could reinforce the bullish framework and clear the way to $75,000.
A decisive break above $75,000 could accelerate momentum and drive Bitcoin long-term prediction toward the projected $77,000 technical target.
Immediate support is now around $72,000, closely observed by the traders as a possible continuation of bullishness. In case of the failure of the level price may retest the support level of $70,000 in a short-term correction.