{"id":43870,"date":"2026-05-15T14:24:49","date_gmt":"2026-05-15T14:24:49","guid":{"rendered":"https:\/\/financialrush.com\/?p=43870"},"modified":"2026-05-15T14:24:49","modified_gmt":"2026-05-15T14:24:49","slug":"bitcoin-rejected-at-80k-as-inflation-fears-outweigh-clarity-act-progress-weekly-recap","status":"publish","type":"post","link":"https:\/\/financialrush.com\/?p=43870","title":{"rendered":"Bitcoin Rejected at $80K as Inflation Fears Outweigh CLARITY Act Progress: Weekly Recap"},"content":{"rendered":"<p> \n<\/p>\n<div>\n<p>&#13;<br \/>\n\t\t\t\t\t\t\t\t\tBTC&#8217;s Thursday price spike came to a painful end on Friday.\t\t\t\t\t\t\t\t<\/p>\n<\/p><\/div>\n<div>\n<p>The past week was quite eventful once again, with headlines spanning different sectors: from the highly anticipated meeting between US President Trump and China\u2019s Xi Jinping to inflation data and some progress on the CLARITY Act front.<\/p>\n<p>The business week began on the right foot for bitcoin as it rocketed from under $80,500 to roughly $82,500 following a quiet weekend. However, the rejection was swift, and BTC dipped below its starting point within hours.<\/p>\n<p>Another breakout attempt took place on Tuesday, but the bears stepped up even faster this time, not allowing BTC to surpass $82,000. The selling pressure mounted on Wednesday after the inflation data for April went live in the US. Once it became known that the CPI numbers hit a three-year high of 3.8%, BTC <a href=\"https:\/\/cryptopotato.com\/bitcoin-price-reacts-as-u-s-inflation-rises-to-highest-level-since-may-2023\/\">reacted<\/a> with a price dip to under $79,000.<\/p>\n<p>More volatility ensued on Thursday when the CLARITY Act passed a Senate panel, which was regarded as a bullish development for the crypto industry, as it could crystallize the regulatory landscape in the country. Bitcoin traded at around $79,500 before the news spread, but quickly exploded to $82,000.<\/p>\n<p>The bears reemerged at this point once again and didn\u2019t allow any further gains. Although BTC managed to remain close to the $82,000 level for a while, it nosedived on Friday by over three grand from the top and currently struggles below $79,000.<\/p>\n<p>Its market capitalization has fallen to $1.580 trillion on CG, while its dominance over the alts remains well above 58%. Nevertheless, BTC remains slightly in the green on a weekly scale, but it has been outperformed by many altcoins, including BNB, DOGE, XRP, and SUI.<\/p>\n<h2 id=\"market-data\" class=\"resource-jumplink\">Market Data<\/h2>\n<figure id=\"attachment_1437224\" aria-describedby=\"caption-attachment-1437224\" style=\"width: 1879px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/05\/Screenshot-2026-05-15-170723.png\"><\/a><figcaption id=\"caption-attachment-1437224\" class=\"wp-caption-text\">Cryptocurrency Market Overview Weekly May 15. Source: QuantifyCrypto<\/figcaption><\/figure>\n<p>Market Cap: $2.71T | 24H Vol: $118B | BTC Dominance: 58.2%<\/p>\n<h3 id=\"you-may-also-like\" class=\"heading-4\">You may also like:<\/h3>\n<p>BTC: $78,800 (+0.6%) | ETH: $2,210 (-1.38%) | XRP: $1.43 (+5%)<\/p>\n<h2 id=\"this-weeks-crypto-headlines-you-cant-miss\" class=\"resource-jumplink\">This Week\u2019s Crypto Headlines You Can\u2019t Miss<\/h2>\n<p><strong>Bitcoin\u2019s Drop Below $80K Was Not Random: Here Are the 3 Hidden Triggers<\/strong>. The largest cryptocurrency slipped below $80,000 on a couple of occasions in the past week, and many analysts believe it\u2019s not random. Easy On Chain, for example, <a href=\"https:\/\/cryptopotato.com\/bitcoins-drop-below-80k-was-not-random-here-are-the-3-hidden-triggers\/\">outlined<\/a> three reasons behind the asset\u2019s decline.<\/p>\n<p><strong>Is Bitcoin\u2019s Rally Fake? Analyst Sees Massive Downside Ahead<\/strong>. Another popular market observer, Dr. Profit, who has mostly leaned bearish over the past half a year, <a href=\"https:\/\/cryptopotato.com\/is-bitcoins-rally-fake-analyst-sees-massive-downside-ahead\/\">noted<\/a> that the rally to over $82,000 was most likely unsustainable and predicted a substantial crash to and perhaps below $50,000.<\/p>\n<p><strong>Arthur Hayes Predicts AI Race Will Push Bitcoin Back to $126K<\/strong>. On the contrary, Arthur Hayes remains bullish on BTC\u2019s long-term perspective, <a href=\"https:\/\/cryptopotato.com\/arthur-hayes-predicts-ai-race-will-push-bitcoin-back-to-126k\/\">forecasting<\/a> a massive surge to the October 2025 all-time high of $126,000. Interestingly, he thinks such a move could be propelled by the AI race.<\/p>\n<p><strong>Bitcoin and Ethereum Arrive on Wall Street Giant Charles Schwab for Selected Retail Clients<\/strong>. Schwab Crypto, the behemoth investment services firm\u2019s new digital asset venture, officially <a href=\"https:\/\/cryptopotato.com\/bitcoin-and-ethereum-arrive-on-wall-street-giant-charles-schwab-for-selected-retail-clients\/\">launched<\/a> last week, allowing certain retail investors to get exposure to BTC and ETH through the regulated platform.<\/p>\n<p><strong>Strategy\u2019s Bitcoin Buying Spree Resumes With Fresh 535 BTC Accumulation<\/strong>. After a quick weekly pause, Michael Saylor\u2019s Strategy <a href=\"https:\/\/cryptopotato.com\/strategys-bitcoin-buying-spree-resumes-with-fresh-535-btc-accumulation\/\">resumed<\/a> its BTC purchases. The latest was a relatively small one of 535 BTC, acquired for $43 million. Its total stash grew to 818,869 BTC.<\/p>\n<p><strong>Tom Lee Doubles Down on \u2018Crypto Spring\u2019 Theory, but Bitmine Slows ETH Accumulation<\/strong>. BitMine also slowed its pace of ETH purchases, but Tom Lee <a href=\"https:\/\/cryptopotato.com\/tom-lee-doubles-down-on-crypto-spring-theory-but-bitmine-slows-eth-accumulation\/\">remains optimistic<\/a> that the worst has already passed and \u2018crypto spring\u2019 is about to commence.<\/p>\n<h2 id=\"charts\" class=\"resource-jumplink\">Charts<\/h2>\n<p>This week, we have a chart analysis of Ethereum, Ripple, Cardano, Binance Coin, and Hyperliquid \u2013\u00a0<a href=\"https:\/\/cryptopotato.com\/crypto-price-analysis-may-15-eth-xrp-ada-bnb-and-hype\/\">click here for the complete price analysis<\/a>.<\/p>\n<p><!-- CONTENT END 1 --><\/p><\/div>\n\n<br \/><a href=\"https:\/\/cryptopotato.com\/bitcoin-rejected-at-80k-as-inflation-fears-outweigh-clarity-act-progress-weekly-recap\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"&#13; BTC&#8217;s Thursday price spike came to a painful end on Friday. The past week was quite eventful&hellip;\n","protected":false},"author":2,"featured_media":9165,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":["post-43870","post","type-post","status-publish","format-standard","has-post-thumbnail","category-crypto","cs-entry","cs-video-wrap"],"_links":{"self":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts\/43870","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=43870"}],"version-history":[{"count":0,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts\/43870\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/media\/9165"}],"wp:attachment":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=43870"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=43870"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=43870"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}