XRP Sinks 10% as the Clarity Act Fails and Bitcoin Slides Toward $76,000
26 Articles
26 Articles
Bitcoin drops after US Senate blocks landmark crypto bill
Bitcoin has fallen almost 4% over the past 24 hours to below $76,000 after the US Senate blocked the CLARITY Act late on Tuesday, derailing more than a year of bipartisan negotiations and leaving the crypto industry without the federal rulebook it has spent years pursuing.
How much of the current market movement is linked to the CLARITY Act vote?
Crypto markets weakened after the US Senate failed to advance the CLARITY Act, but the selloff came amid a broader risk-off environment. Bitcoin fell around 3-4%, while crypto-linked equities saw sharper declines. The regulatory setback added pressure, but elevated bond yields, oil prices and macroeconomic uncertainty also weighed on sentiment.
Bitcoin holds above key moving averages despite CLARITY Act sell
Key takeaways Bitcoin traded near $75,950 after falling more than 1% on Tuesday. Ethereum and XRP declined more than 4% and 9%, respectively. BTC remains above its 50-day, 100-day, and 200-day EMAs. Bitcoin (BTC) traded near $75,950 on Wednesday after declining more than 3% during the previous session as the CLARITY Act failed to advance […]
The failure of the Clarity Act puts an end to the hope of rapid regulatory clarity. At the same time, the fear of higher US interest rates is growing.
The Senate blocks the CLARITY law with 49 votes in favour and 50 against. Circle falls 11.6% and Bitcoin falls 4%. The entry The U.S. Senate blocks the CLARITY law: Circle sinks 11% and Bitcoin falls to 75,939 dollars aparece primero en Merca2.
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