Bitcoin Holds $62K as Fear Peaks and CLARITY Act Stalls

Bitcoin is holding near $62,593 on July 9, 2026, clinging to a fragile recovery after touching a 21-month low of $58,188 two weeks ago. The Fear and Greed Index sits at 22 (Extreme Fear), a reading that reflects just how rattled the market has become. The immediate cause is not a crash in prices, but rather a collision of forces: a hot inflation print that revived aggressive rate-hike bets, and a landmark crypto bill that arrived at the Senate floor and quietly failed to advance. Key Takeaways Bitcoin is trading near $62,593, up just 0.01% in 24 hours, after recovering from a 21-month low of $58,188 hit on June 25. The Crypto Fear and Greed Index stands at 22 (Extreme Fear), reflecting persi…
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