Bitcoin Faces Dual Pressure From US Yields and CLARITY Act Failure
đ Bitcoin fell below $76,000 during the US session, with some venues recording lows around $74,900â$75,000. The earlier $75,560 print was only an early-session low, not the final low of the day.
đ Pressure increased after the US Senate failed to secure the 60 votes needed to advance the CLARITY Act, weakening expectations for a clearer crypto regulatory framework in 2026.
đ At the same time, the 10-year Treasury yield near 5.04% continued to weigh on risk assets as markets awaited the Fedâs September 16 rate decision. Around $98 million in BTC long positions were also liquidated during the decline.
đ The $75,000 area is now a key short-term support zone, while Bitcoin would need to reclaim roughly $77,000â$77,400 to improve its price structure.
#Bitcoin $BTC
đ Bitcoin fell below $76,000 during the US session, with some venues recording lows around $74,900â$75,000. The earlier $75,560 print was only an early-session low, not the final low of the day.
đ Pressure increased after the US Senate failed to secure the 60 votes needed to advance the CLARITY Act, weakening expectations for a clearer crypto regulatory framework in 2026.
đ At the same time, the 10-year Treasury yield near 5.04% continued to weigh on risk assets as markets awaited the Fedâs September 16 rate decision. Around $98 million in BTC long positions were also liquidated during the decline.
đ The $75,000 area is now a key short-term support zone, while Bitcoin would need to reclaim roughly $77,000â$77,400 to improve its price structure.
#Bitcoin $BTC
