Bitcoin gains 4% as CLARITY Act and hacks shape crypto week

The crypto market ended the week higher even as U.S. equities slipped. Summary Bitcoin gained 4.16% as total crypto capitalization rose 2.30% to $2.22 trillion during the week. CLARITY Act passage odds improved despite resistance over ethics, enforcement powers and political conflict concerns. Bridge attacks drained AFX and Allbridge while BitMEX scheduled its September exchange shutdown for users. CoinMarketCap’s six-part recap placed total crypto capitalization at $2.22 trillion, up 2.30%, with Bitcoin gaining 4.16% and Ether rising 2.98%. The S&P 500 lost 0.53%, while the Nasdaq Composite barely moved. Altcoins also posted selective gains during the week. CMC Market Pulse: Crypto Market Seeks ClarityBTC +4.16%, ETH +2.98%. Market cap climbs to $2.22T as crypto decouples from weak equities. All eyes on the CLARITY Act as a potential market catalyst.Let's break down this week's top crypto narratives 🧵1/6 pic.twitter.com/b69e4RUdZG— CoinMarketCap (@CoinMarketCap) July 24, 2026 CoinMarketCap described the week’s theme as “crypto market seeks clarity.” Liquidations remained contained, with shorts closing earlier and longs later. Funding rates stayed near neutral, suggesting lever...