H.R. 8957: Bitcoin Climbs 1.19 Percent to 76695 Dollars on House Reserve Vote

Bitcoin climbed 1.19 percent to 76695 dollars while Ethereum added 3.04 percent to 2469.12 dollars after the House Financial Services Committee cleared the American Reserve Modernization Act in a 28-21 vote. Solana rose 3.93 percent to 101.19 dollars and Dogecoin gained 3.48 percent to 0.081963 dollars on the same session.

Price action leads the session

The 1.19 percent BTC lift arrived alongside a 3.04 percent ETH move that outpaced the broader majors. SOL posted the strongest gain among the tracked tokens at 3.93 percent, while DOGE followed with a 3.48 percent advance. These candles printed after the committee recorded its 28-21 outcome on September 16, 2026.

Traders watched the 76695 dollar level hold through the first hours of Thursday trading. The 3.04 percent ETH candle pushed the token past 2469 dollars without a sharp reversal. SOL extended its session high to 101.19 dollars, marking the largest percentage move among the four assets. DOGE cleared 0.081963 dollars on lighter volume yet still finished the day in positive territory.

Committee vote details

The 28-21 tally came on record vote FC-317 and sent the amended H.R. 8957 to the full House. The measure creates a Strategic Bitcoin Reserve and a separate Digital Asset Stockpile at the Treasury for assets obtained through forfeiture. Reserve bitcoin would face a minimum 20-year holding period, quarterly proof-of-reserve reports, and third-party audits.

Current federal holdings stand near 324527 BTC according to Arkham Intelligence estimates cited in the coverage. The bill does not set an open-market purchase target or mandate immediate acquisitions. Full House passage, Senate approval, and a presidential signature remain required before any statutory framework takes effect.

Market context after the markup

The session showed steady bidding in spot majors rather than a single parabolic spike. BTC maintained its 1.19 percent gain through the close while ETH extended its advance into the 3 percent range. SOL and DOGE both printed green candles that aligned with the broader risk-on tone following the committee outcome.

Volume stayed measured across the four tokens. No sudden reversal appeared in the final hours, leaving the 76695 dollar BTC print and the 2469.12 dollar ETH level as the session references. The 3.93 percent SOL move and the 3.48 percent DOGE move rounded out the leadership board for the day.

Next steps for the legislation

The 28-21 committee advance marks the first formal markup step for the American Reserve Modernization Act. The bill still faces a full House vote and subsequent Senate consideration before it could reach the president. Committee members noted the 20-year holding requirement and the emphasis on agency accounting as core provisions that survived the markup.

Spot prices closed the session higher across the board, with the four tracked assets finishing in positive territory. The 1.19 percent BTC gain, the 3.04 percent ETH move, the 3.93 percent SOL advance, and the 3.48 percent DOGE increase provided the clearest numerical snapshot of market reaction to the recorded 28-21 outcome.