Leading cryptocurrencies were up in the green on Thursday after the Clarity Act passed the Senate Banking Committee on a bipartisan vote.

Crypto Market Pops

Bitcoin hit $82,000 in the afternoon, then stalled and moved sideways. The trading volume soared 27% in the 24-hour period. Ethereum re-entered the $2,300 region, while XRP and Dogecoin also traded in the green.

These moves come after the Clarity Act cleared the Senate Banking Committee vote, moving to a full vote on the Senate floor.

Over $250 million was liquidated in the past 24 hours, predominantly in short positions, according to Coinglass data.

Bitcoin’s open interest popped 2.21% over the last 24 hours. However, sentiment in the…

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