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Picknexo · Review
Published May 14, 2026
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Crypto Today: Bitcoin Falls Below $80K as the CLARITY Act Becomes the Market’s Main Focus
Updated: May 14, 2026 | PickNexo
Bitcoin is facing short-term selling pressure, Ethereum is gaining attention from the tokenization trend, and U.S. crypto regulation could become the biggest catalyst for market volatility in the coming sessions.
1. Bitcoin Drops, But the Market Has Not Lost All Momentum
Bitcoin is currently trading in a sensitive zone as sellers continue to pressure the market below $80,000. Some traders believe the area around $79,000 could act as a near-term support zone, but every recovery attempt may still face selling pressure if fresh demand does not return clearly.
One key concern is the outflow from U.S. spot Bitcoin ETFs. Large ETF outflows often show that institutional investors are becoming more cautious, especially when the market is waiting for clearer signals from U.S. monetary policy and crypto regulation.
For Bitcoin, the main question is not only whether price can hold support. The bigger question is whether institutional capital will return once the regulatory outlook becomes clearer.
2. The CLARITY Act Is the Biggest Regulatory Event Today
In the United States, the CLARITY Act has become one of the most important topics for the crypto market. The bill could help define how digital assets are classified and regulated, including the differences between digital commodities, digital securities, DeFi protocols and centralized platforms.
If the bill moves forward successfully, it could reduce uncertainty for crypto companies and investors. A clearer legal framework may make it easier for large institutions to participate in the market.
However, the process is not simple. Senators have filed more than 100 amendments, covering areas such as DeFi, stablecoins, regulatory authority and political conflicts of interest. This means the final version of the bill could still change significantly.
For crypto investors, the CLARITY Act matters because it may directly affect exchanges, blockchain projects, DeFi tokens and financial institutions operating in the U.S. A clearer framework could support long-term adoption, but strict rules may also create pressure for some parts of the market.
3. Kevin Warsh and Expectations for a More Bitcoin-Friendly Fed
Another major story today is the Senate confirmation of Kevin Warsh as Federal Reserve Chair. Warsh is viewed by some market participants as more open to Bitcoin and digital assets, which has created expectations of a possible shift in U.S. monetary policy.
However, investors should remain cautious. The Fed Chair does not control policy alone. Major decisions still depend on inflation data, employment numbers, economic growth and votes from the Federal Open Market Committee.
For crypto, liquidity remains one of the most important factors. When markets expect lower interest rates or more liquidity, risk assets such as Bitcoin often benefit. On the other hand, if inflation remains high and monetary policy stays tight, pressure on crypto could continue.
4. Charles Schwab Begins Offering Bitcoin and Ethereum Trading
Charles Schwab has started allowing select U.S. users to trade Bitcoin and Ethereum directly alongside traditional investments. This is an important move because Schwab is one of the largest brokerage firms in the United States.
The significance is not only that users have another place to buy and sell BTC and ETH. More importantly, it shows that crypto is becoming more integrated into the traditional financial system.
Instead of opening a separate crypto exchange account, some investors may now be able to access Bitcoin and Ethereum through a familiar brokerage platform. This could gradually change how mainstream investors interact with digital assets.
5. Ethereum Benefits From the Tokenization Narrative
Ethereum is also gaining attention as major financial institutions continue to explore tokenization. Tokenization refers to bringing traditional assets, such as money market funds, bonds or real-world assets, onto blockchain networks in token form.
This is a strong long-term narrative for ETH. Ethereum remains one of the most important infrastructures for digital assets, DeFi and on-chain financial products. If major institutions continue using Ethereum for tokenized assets, demand for the network could strengthen over time.
However, in the short term, ETH may still move closely with Bitcoin, ETF flows and broader market sentiment. Ethereum recently touched the $2,300 area, leading many traders to expect a stronger move ahead. The direction of that move will likely depend on how the market reacts to regulatory news and Bitcoin’s next trend.
6. Other Crypto Market Highlights
Solana dropped around 5% as the broader crypto market came under pressure. When Bitcoin weakens, altcoins usually experience larger moves because they tend to have lower liquidity and higher risk.
Polymarket saw its monthly trading volume decline for the first time since August. This suggests that prediction markets may be entering a more competitive phase after a period of strong growth.
Animoca-backed NUVA is connecting around $19 billion in tokenized assets from Figure to Ethereum, further supporting the trend of real-world assets moving onto blockchain infrastructure.
Consensys, the company behind several important Ethereum ecosystem products, has reportedly delayed its potential IPO until the fall. This shows that crypto companies are still carefully watching market conditions before entering public markets.
7. What Investors Should Watch Next
In the short term, investors should watch Bitcoin’s reaction around the $79,000 to $80,000 area. If this support zone breaks clearly, selling pressure could spread across altcoins. If Bitcoin holds the zone and buyers return, the market could see a quick rebound.
The second key factor is the CLARITY Act. A positive signal from the U.S. Senate could improve market sentiment, especially for projects connected to DeFi, stablecoins and crypto exchanges.
The third factor is ETF flow. Large outflows from Bitcoin ETFs can pressure price, while strong inflows may support a recovery.
Finally, investors should continue watching U.S. macroeconomic data, including inflation, interest rates and statements from the Federal Reserve. Crypto remains highly sensitive to global liquidity conditions.
Conclusion
The crypto market today is being pulled by three major forces: short-term price volatility, U.S. regulatory expectations and deeper involvement from Wall Street. Bitcoin remains under pressure below the $80,000 area, but the market has not lost its long-term catalysts.
Ethereum continues to have its own growth narrative thanks to tokenization and the rising demand for blockchain infrastructure in traditional finance. Meanwhile, the CLARITY Act could become one of the most important regulatory events for the U.S. crypto industry this year.
For investors, this is a period to focus on risk management, avoid excessive leverage and follow regulatory developments closely. Events like the CLARITY Act can create strong short-term volatility, but they may also open the door to a more transparent and mature crypto market if the final framework becomes clear.
This article is for informational purposes only and should not be considered investment advice.
