NYDIG

Bitcoin just went from $65K to nearly $80K in two days.

The trigger wasn't crypto news. It was a Treasury announcement about bond buybacks.

Here's the actual mechanism. 🧵

Crypto trading volumes fell 15-25% quarter-over-quarter in Q2.

It's not just falling prices. Crypto lost its monopoly on speculation. 🧵

Senate Republicans now have a 616-page CLARITY Act.

What they do not have is a demonstrated 60-vote coalition.

Here is the vote math, the remaining fault lines and what comes next. 🧵

$BTC #CLARITYAct

Prediction markets just cut the odds of Congress passing crypto's most important bill in half.

CLARITY Act 2026 passage odds: 31%. Down from ~70% in May.

Here's what's actually driving the collapse. 🧵
$BTC #CLARITYAct

Bitcoin's 32.9% drawdown YTD hasn't drawn in either the value or momentum buyer base, yet futures leverage is quietly rebuilding to fill the demand gap spot markets left behind, a setup with implications greater than the price action alone suggests.

Our Q2 2026 review examines what this divergence means for bitcoin and outlines the key signals investors should monitor through the second half of 2026.

Read the NYDIG analysis:
nydig.com/research/q2-20…