Bitcoin just bounced back above $80K in Asian trading after that Wednesday dip on Iran jitters. Sitting around $80.90K now, up about 1.5% on the week. The ceasefire chatter between Tehran and Washington through Pakistan seems to have taken some geopolitical pressure off, which helped crude drop and gave risk assets some breathing room.

Tech mega-caps crushed it this week too. Apple beat on revenue guidance, Oracle jumped on Pentagon AI work, and the S&P 500 just hit another all-time high. Nasdaq up nearly 1% for the week. But here's the thing - bitcoin's still range-bound despite all that. Feels like everyone's waiting for the Fed to signal what's actually coming next before making big moves.

The real crypto catalyst this week was the Senate finally dropping that Clarity Act compromise language. Stablecoin yield restrictions but activity-based rewards still on the table. That's actually a win for the space. The markup can move forward now, and Treasury gets a year to write the detailed rules. Institutional money seems cautious though - not leaving, just not piling in yet. Bitcoin needs a real macro catalyst to break decisively higher.