House Panel Reportedly Set to Vote Wednesday on Bitcoin (BTC) Reserve Bill H.R. 8957

House Bill Targets a National Bitcoin Reserve

H.R. 8957, the American Reserve Modernization Act of 2026, has emerged as the freshest legislative thread around Bitcoin (BTC). Filed in the House on May 21, 2026 and referred to the Financial Services Committee, the bill now reportedly heads toward a committee vote as soon as Wednesday — a timing that remains unconfirmed pending an official committee notice. Sponsorship runs from Alaska Representative Nick Begich across a bipartisan group of members from multiple states. The text directs the Treasury Department to establish a dedicated strategic Bitcoin reserve, a federally managed stockpile of government-held coins, and obliges the Treasury Secretary to stand up secure custody infrastructure within 180 days of enactment. Non-BTC digital assets would flow into a separate Digital Asset Stockpile that Treasury may sell, trade or convert, with proceeds restricted to growing the reserve or reducing the national debt. The bill also mandates a publicly verifiable proof-of-reserves system so the holdings can be audited by the public.

CLARITY Odds Slide From 30% to 16%

Price action has been running on a different bill. Bitcoin climbed through the session as expectations built for the CLARITY Act, the US digital-asset market-structure measure awaiting a Senate procedural vote that requires 60 votes to advance. On Binance the asset printed $78,428, up 2.27%, after briefly crossing the $80,000 mark intraday, and equity proxies followed: Coinbase gained 9.2% and stablecoin issuer Circle 7.5%, as we detailed in our note on the Coinbase stock jump ahead of the vote. The bid then faded. Prediction-market odds of CLARITY becoming law in 2026, which touched roughly 30% intraday, fell back to 16% by early Asian trading on Sept. 15, and Bitcoin handed back part of its advance into the $78,000 zone. Derivatives data shows about $91.76 million in BTC positions liquidated over 24 hours — 81.8% of them shorts — within roughly $357.55 million across the wider market.

Fed Week Pins the $76K Floor

The wider risk backdrop stayed defensive. Earlier in the session Bitcoin had been holding near $77,000, close to the lower edge of a range analysts frame with $76,000 support and $83,000 resistance, with capital concentrated in liquid majors rather than smaller altcoin positions. US spot Bitcoin ETFs posted roughly $463 million in net outflows last week — a separate flow report puts the weekly withdrawal at $462.7 million — even as spot Ethereum funds drew $196.9 million. Interest-rate futures assign an 86–87% probability to a 25-basis-point Federal Reserve increase on Sept. 16. The latest consumer price index print — up 0.4% month over month and 3.4% year over year, with core at 2.4%, the lowest since March 2021 — shifted those expectations from roughly 65–70%. Analysts stress that the policy statement and Chair Kevin Warsh's press conference, not the decision itself, carry the repricing risk, and a Bank of Japan move toward 1.25% could tighten yen-funded liquidity and force carry-position unwinds.

Housing Gap Widens to Record

Macro stress is visible beyond rates. Redfin housing data resurfaced on Sept. 14 in a widely shared market commentary post on X, showing the US market held an estimated 1.53 million sellers against only 972,300 buyers in August — sellers outnumber buyers by 57.9%, the widest gap in records reaching back to 2013. Active listings rose 3.9% month over month, the highest level since early 2020, while buyers added just 0.1%. In Nashville sellers outnumber buyers by 139%, Miami by 138% and Houston by 131%. The average 30-year mortgage rate stood at 6.67% in August and moved higher in September. For Bitcoin the transmission runs through yields: the same elevated-rate regime suppressing housing demand raises the return on risk-free alternatives, capping non-yielding assets, while any broad economic weakening that eventually pushes the Fed toward easier conditions would work in Bitcoin's favor through the liquidity channel. Readers tracking the market in real time can follow live spot and futures prices on Bybit.

market commentary post on Xhttps://x.com/KobeissiLetter/status/2099574777530716555

Three Catalysts Inside 48 Hours

Our read of the primary documents: H.R. 8957 is a proposal, not law. The bill text we reviewed — filed May 21, 2026 and sitting in committee — binds only if passed by both chambers, and even a Wednesday committee vote would merely advance it to the full House. The CLARITY Act faces a longer route still: 60 Senate cloture votes, then amendment stages and a final return to the House. With the proof-of-work asset boxed between $76,000 and $83,000, this week's three catalysts — the reported H.R. 8957 committee action, Tuesday's Senate vote and Wednesday's Fed decision — will set the direction more than any single data print.