Bitcoin briefly slipped below US$73,000 even after Donald Trump renewed his push for the CLARITY Act, raising questions about whether pro-crypto rhetoric from Washington is still enough to lift digital asset prices.

In a Truth Social post late Wednesday, President Trump described the United States as the “crypto capital of the world,” praised the industry’s return to the country, and reiterated support for the CLARITY Act, which aims to establish clearer rules for digital assets.

Bitcoin initially stabilised following the remarks but later fell as much as 3.5 per cent on Thursday, touching a low of US$72,474.

Regulatory optimism that previously drove strong crypto buying is now being offset by profit-taking, weaker ETF inflows, and growing market fatigue.

The sector is struggling to regain momentum as retail participation declines, leveraged positions unwind, and uncertainty builds over whether recent legislative progress will translate into meaningful near-term capital inflows.

Bitcoin’s ongoing weakness highlights how much of the so-called Trump crypto trade had already been priced into digital assets following last year’s sharp rally.

As a result, the market is now more exposed to crypto-specific fragility, even as equities continue to draw support from resilient corporate earnings and broader optimism about the U.S. economic outlook.