CLARITY Act ‘Just Not Ready,’ Says Senator Warren While Bitcoin Climbs Towards $81K

Warren criticized the legislation as being written “by the crypto industry for the crypto industry.”
Ranking member Sen. Elizabeth Warren, D-Mass., questions Federal Reserve Chairman Jerome Powell during the Senate Banking, Housing and Urban Affairs Committee on Wednesday, June 25, 2025. (Tom Williams/CQ-Roll Call, Inc via Getty Images)
Ranking member Sen. Elizabeth Warren, D-Mass., questions Federal Reserve Chairman Jerome Powell during the Senate Banking, Housing and Urban Affairs Committee on Wednesday, June 25, 2025. (Tom Williams/CQ-Roll Call, Inc via Getty Images)
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Prabhjote Gill·Stocktwits
Published May 14, 2026   |   11:37 AM EDT
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  • Bitcoin climbed back above $81,000 after Thursday’s Senate debate on the CLARITY Act kicked off.
  • Senator Elizabeth Warren said the crypto market structure bill is “just not ready” for passage.
  • Retail crypto traders on Stocktwits appeared largely unfazed by Warren’s opposition and expect the bill to advance.

Bitcoin (BTC) climbed back towards $81,000 in morning trade on Thursday morning after the Senate Banking Committee began debating the Digital Asset Market CLARITY Act of 2025, with Senator Elizabeth Warren (D-MS) warning that the legislation is “just not ready” for passage.

In her opening remarks at the meeting, Warren said that the CLARITY Act is written “by the crypto industry for the crypto industry” in her opening remarks, adding that the administration.

Bitcoin’s price rose over 2% in the last 24 hours to just above $81,000, according to Coinbase data. Retail sentiment around the apex cryptocurrency rose to ‘bullish’ from ‘neutral’ territory over the past day on Stocktwits. Chatter stayed at ‘normal’ levels. 

Retail traders on the platform seemed unfazed by Warren’s comments, stating that the other members would most likely outvote her.

Senator Cynthia Lummis Defends Bipartisan Crypto Bill

Senator Cynthia Lummis (R-WY) stated that she’s been working on the bill even before she joined the Senate. "This is the hardest piece of legislation I've ever worked on," she said, reiterating a claim she made last year. "This is a very new commodity and security, and it takes time to craft something to address the innovation that has been brought about through blockchain technology, and that's why it's taken such a bipartisan effort, heavy lift, lots of negotiations, involvement from those people who are in the industry."

Other than Bitcoin, Ripple’s XRP (XRP) was also among the top trending crypto tickers on Stocktwits Thursday morning, alongside Litecoin (LTC) and Ethereum (ETH), with similar comments dismissing Warren’s claims. 

XRP’s price outperformed Bitcoin’s rally, rising over 3% in the last 24 hours to around $1.47. Retail sentiment around the altcoin trended in ‘bullish’ territory over the past day, accompanied by ‘high’ levels of chatter. 

Read also: Crypto Market Falls Ahead Of High-Stakes CLARITY Act Markup, Bitcoin Falls Below $80K

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