Bitcoin Rejected at $80K as Inflation Fears Outweigh CLARITY Act Progress: Weekly Recap

The past week was quite eventful once again, with headlines spanning different sectors: from the highly anticipated meeting between US President Trump and China’s Xi Jinping to inflation data and some progress on the CLARITY Act front. The business week began on the right foot for bitcoin as it rocketed from under $80,500 to roughly $82,500 following a quiet weekend. However, the rejection was swift, and BTC di…