Patrick Witt, executive director of the White House Crypto Council, is in three-way Senate talks with Republicans and Democrats over the ethics provisions in the Digital Asset Market Clarity Act (CLARITY Act). The ethics section is the only unresolved issue blocking the crypto market structure bill from reaching a Senate floor vote. The dispute centers on $2.3 billion in Trump-family crypto interests, according to reporting by journalist Pete Rizzo citing Politico.

Bitcoin has pushed above $70,000 and briefly reclaimed $73,000, but price action is now testing a dense resistance band between $71,800 and $73,000 that has repeatedly halted rallies. Technical analysts warn that failure to close above $73,500 and ultimately $74,500 could validate a large Head and Shoulders reversal pattern with downside projections toward the $50,000 area, even as ETF inflows and mixed macro sentiment pull the market in opposing directions.