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Bitcoin ($BTC) is no longer a target for corporate treasuries as current buyers sit on unrealized losses, new research shows.

Washington’s broader crypto push just suffered a major defeat, but the Strategic Bitcoin Reserve is moving separately through Congress.

The CLARITY Act failed its biggest test on September 15, when the Senate voted 49-50 to reject cloture on the motion to proceed to the sweeping crypto market structure bill. Technically, the bill is not dead, but it has less time before the 2026 elections.

Bitcoin (BTC) trades near $76,300 after a 3% daily slip. Long-term holders spent August selling into strength, and that selling has now almost stopped.

Currencies39199 Market Cap$ 2.70T-2.93% 24h Spot Volume$ 40.10B+4.18% DominanceBTC56.98%-0.19%ETH10.89%-2.19% ETH Gas0.35 Gwei AnalysisFeaturedEthereumSolanaStablecoinsDeFiUSDCCircleAaveWormholeKamino Sep 15, 2026 4min read byLiam ‘Akiba’ Wright forCryptoSlate