Bitcoin Slips to $71,000 Today as Markets Watch for Trump’s CLARITY Act Signature

Jakarta, Pintu News – Bitcoin (BTC) showed strengthening price momentum as the market responded to speculation that Donald Trump may sign the CLARITY Act on April 3. BTC briefly moved around $72,400 after rising nearly 4% on March 5. The overall crypto market also rallied, increasing 1.24% to $2.45 trillion.

Then, how will the Bitcoin price move today?

Bitcoin Price Drops 1.72% in 24 Hours

On March 6, 2026, Bitcoin was trading at $71,055, or about IDR1,205,156,885, after posting a 1.72% decline over the past 24 hours. During that stretch, BTC dipped to a low of IDR1,194,920,839 and climbed to an intraday high of IDR1,246,138,772.

At the time of writing, Bitcoin’s market capitalization is roughly IDR24,108 trillion, while 24-hour trading volume slid 32% to IDR918.56 trillion.

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Donald Trump Signs CLARITY Act on April 3, 2026

The debate over the CLARITY Act heated up on April 3, 2026 after President Donald Trump openly criticized major banks in the US. Trump believes that financial institutions are trying to weaken the digital asset policy promoted by his administration.

In a Tuesday night post on Truth Social, Trump shared the criticism again. He also warned against banks that could hinder crypto development, implying consequences from his administration.

The statement comes as the CLARITY Act is still on hold and has yet to advance from the Senate Banking Committee.

The originally scheduled markup meeting was postponed to January, which shifted the discussion and vote on possible amendments. To date, representatives of the banking industry and crypto industry are still negotiating to influence policymakers.

Points of contention include stablecoin rules and the extent to which third parties can offer yield services to customers. Some banks believe the provisions could potentially disrupt the traditional deposit base and pose a risk to financial system stability.

On the other hand, crypto companies argue that innovation requires regulatory certainty so that access to digital financial services can be expanded. In the previous year, Trump signed the GENIUS Act which established an important regulatory framework for stablecoins.

Now, Trump is calling on Congress to quickly pass the CLARITY Act to strengthen US leadership in digital assets. This crypto market bill is of close concern to market participants as it has the potential to influence the future direction of crypto regulation.

Some analysts think clearer rules could encourage investment and increase confidence in the growing crypto industry.

BTC demand increases as spot ETFs record $1.47 billion inflow in two weeks

Bitcoin briefly traded around $72,500 on March 5 as institutional interest strengthened, reflected by sustained inflows into spot Bitcoin ETFs in the US. Bitcoin spot ETF net inflows were estimated at $155 million on Wednesday, marking two weeks of uninterrupted accumulation.

Based on market data, these investment products have posted a total inflow of around $1.47 billion in the past two weeks. BlackRock’s IBIT ETF was the biggest contributor, with nearly $307 million added in just one trading day.

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Analysts believe that the consistent demand for ETFs is helping to keep Bitcoin prices stable after the previous phase of market uncertainty.

Bitcoin Price Prediction: Will BTC Rally to $77,000 This Week?

As of Thursday (5/3), BTC price had surged to $72,650 as bullish momentum pushed Bitcoin near key resistance levels today. The 4-hour chart shows Bitcoin is consolidating around $72,000 after a sharp rally from the latest low.

The market indicators on the chart suggest that the current short-term momentum is on the buyers’ side. The Relative Strength Index (RSI) is above 60, indicating a bullish trend. Meanwhile, the Chaikin Money Flow (CMF) remains positive, signaling capital inflows into Bitcoin positions.

Nevertheless, the ability to hold above $72,000 could strengthen the bullish framework and open up space towards $75,000. A decisive break above $75,000 could potentially accelerate the momentum and boost Bitcoin’s medium-to-long-term projection towards the $77,000 technical target.

The immediate support area is now around $72,000, which traders are closely monitoring as a reference for the continuation of the uptrend. If this level fails to hold, prices could potentially retest the $70,000 support in a short-term correction.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying and selling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• CoinGape. Bitcoin Price Prediction If Donald Trump Signs The Clarity Act On April 3, 2026. Accessed on March 6, 2026