2026-01-15 10:03:21

JUST IN: Senate Committee Begins Markup of Digital Commodity Bill as Bitcoin Leverage Resets.

The market is getting the regulatory clarity it asked for today. As the Senate Agriculture Committee actively marks up the new market structure bill this afternoon, we are seeing a significant "reset" in Bitcoin open interest. Traders are closing high-leverage long positions, causing BTC to consolidate near $91,200 despite the positive long-term implications of the hearing.

This matters because capital is shifting rapidly based on real-time legislative text. While Bitcoin remains flat, smart money is aggressively bidding on assets explicitly defined as "commodities" in the draft. We are seeing a clear rotation out of speculative tokens and into "regulated utility" plays like Chainlink (LINK) and Avalanche (AVAX), which are outperforming today.

Watch the close today. If BTC holds this $91k support while the bill progresses, expect a sustained move led by these compliant altcoins.

#CryptoRegulation #Chainlink #AVAX

BTC-1,58%

LINK-2,02%

AVAX-4,17%

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