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Senate Won't Vote on Crypto Clarity Act Before Its Summer Break

Summary by Coin Desk
The U.S. Senate won't go on its August recess just yet but it will not vote on the Clarity Act this month, dimming hopes that the bill can become law this year.

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Bitcoin is trading sideways in the $64,000 range due to delays in processing the U.S. Crypto Clarity Act. According to CoinMarketCap, a virtual asset market data site, as of 8:40 AM on the 7th, the price of one Bitcoin was trading at $64,186, down 0.69% from 24 hours ago. At the same time, Ethereum, the leading altcoin (all virtual assets excluding Bitcoin), stood at $1,899, down 0.41% from the previous day.

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  • 75% of the sources are Center
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The Defiant broke the news on Wednesday, August 5, 2026.
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