Bitcoin’s price drop below $78K cleared the path for a rebound as options traders hedge downside risk

Bitcoin price breaking below $78,000 turned one of crypto’s strongest regulatory weeks into a severe test of market structure, exposing how quickly macroeconomic pressure and crowded positioning can overpower a favorable policy catalyst. The price decline came shortly after the CLARITY Act advanced toward a Senate floor vote, a milestone that would typically strengthen the case for higher digital asset prices by redu…