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Bitcoin Holds Above $64K on Wednesday as Polymarket Cuts CLARITY Act 2026 Odds to 15%

Prediction Market Derivatives Data Price Volatility

2026-08-05 19:17:20

BTC-1.43%

POLYMARKET0.01%

According to Coinglass data, Bitcoin held above $64,000 on Wednesday (August 5), closing the session at just under $64,600 with a 1.1% daily gain. Market liquidations reached approximately $216 million across the crypto market, with short positions accounting for $148 million of that total. Meanwhile, Polymarket users lowered the odds of the CLARITY Act passing in 2026 to just 15%, down from 27% on Monday, as Senate Democrats blocked cloture ahead of the August recess and pushed discussions to September.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

Related News

Bitcoin Breaks Through $64,000 on August 4, Trading at $64,044.60

Cryptocurrency Market Sees $208M in Liquidations Over 24 Hours, Affecting 69,299 Traders

Bitcoin Consolidates Below $64,300 as Global Equities Hit Record Highs on Aug. 5

Cryptocurrency Markets See $207 Million in Liquidations Over 24 Hours

Bitcoin Hits $64,360 on CLARITY Act Vote Speculation; $35M Short Positions Liquidated

In-Depth Analysis

Bitcoin Trades at $64,014 Despite Falling Oil and Easing Rate Concerns

Lucas Bennett08-05 08:33

Trader Opens 1,600 Bitcoin Short at 40x Leverage on Hyperliquid

Crypto Frontier08-05 05:43

Bitcoin rises slightly to $64,000 as leveraged liquidations remain highly concentrated

Market Whisper08-05 01:00

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