VanEck says Bitcoin thrives under Democrats, Clarity Act delayed
Bitcoin (BTC)
Editor:
Eugene Serbin
bitcoinmagazine.com reports that VanEck’s Matthew Sigel argues Bitcoin does not require a Republican president to succeed. He stated that former President Joe Biden was actually okay for Bitcoin, contrary to Republican claims that Democrats are anti-crypto. Sigel noted that while other cryptos might face issues under Democratic rule, Bitcoin remains resilient due to its decentralized nature.
He highlighted that socialist Democrats in New York City appreciate a scarce asset that cannot be printed. President Trump has passed pro-crypto executive orders, including establishing a Bitcoin Strategic Reserve. Bitcoin surged after Trump’s 2024 victory and hit a record last year.
The price jumped nearly 24% over the past seven days, reaching $81,160 before settling at $78,438. Trump urged lawmakers to pass the Clarity Act, which classifies digital assets and assigns regulatory oversight. The vote slipped to September after Democrats balked at the latest draft. Coinbase’s Faryar Shirzad described crypto as a bipartisan issue, noting a generational shift among younger Democrats who support the framework.
How the market reacted
Whalio's own Binance spot order flow for BTC, measured when this story was written up on 26 August 2026. Not the outlet's figures.
BTC is trading at $79,023.75 with a 1-hour buy ratio of 44.7% and a 4-hour buy ratio of 43.0%. These short-term figures are below the 24-hour buy ratio of 49.9%, indicating that buying pressure is fading in the immediate term. The 1-hour volume delta is -$9,605,302 and the 4-hour delta is -$13,495,762, showing net selling in the short window. The 24-hour volume delta is -$903,088, confirming net outflows over the day. A buy ratio below 50% means sellers are executing more orders than buyers. Negative volume delta indicates that the volume of sell orders exceeds the volume of buy orders.
The latest daily buy ratio of 46.7% sits at the 18th percentile of the last 322 days, against a median of 49.2% - weaker buying than most days.
Twenty-four hours later
What BTC did over the 24 hours after the story broke. The market moves for its own reasons; this is what happened, not what the story caused.
Was that an ordinary day?
The same Binance spot measurements for BTC, averaged over the days leading up to the story.
The current 24-hour buy ratio of 49.9% is lower than the 7-day average of 51.6%. This represents a 1.7 point drop from the weekly average. Spot volume today is 0.54x the weekly average, indicating significantly reduced trading activity. The price has risen 14.0% over the past eight days. This week saw net buying on six of seven days, with a total volume delta of +$445,688,281. Today’s lower volume and buy ratio suggest a pause in the recent upward momentum.