Byron Donalds filed $100,000 Bitcoin purchase as CLARITY Act nears

Beincrypto reported that Representative Byron Donalds filed this week a purchase of up to $100,000 in Bitcoin while serving on the House Subcommittee on Digital Assets. The timing of the disclosure has drawn scrutiny amid renewed concerns about congressional trading and speculation that clearer regulation could influence Bitcoin’s price.

At the time of writing, Bitcoin is trading at $91,370 after months of volatility that saw prices fall as low as $84,000 and repeated failures to reclaim $100,000; some analysts warn decreased demand may signal a bear market, and CryptoQuant analyst Julio Moreno has predicted a $56,000 bottom in 2026 in a recent interview.

The regulatory backdrop includes the House’s July passage of the Clarity Act and ongoing Senate work on a companion responsible-financial-innovation bill. The Senate draft is under review by the Agriculture and Banking committees—Agriculture has released a discussion draft while Banking has not—and only after committee action can the Senate floor vote; reports have suggested the Clarity Act may be passed as early as March, a development that the article says could materially affect Bitcoin’s price.

Key Topics

Crypto, Byron Donalds, Bitcoin, Clarity Act, Digital Assets Subcommittee, Senate Banking Committee