The CLARITY Act vote failed. BTC dropped below $76K and briefly touched $74.9K. ETH fell to around $2,400. XRP dropped nearly 12%.
Over 115,000 traders were liquidated in 24 hours.
The bill needed 60 votes to advance in the Senate. It got 50. Polymarket odds of it becoming law this year collapsed from around 30% to single digits.
But here's what I'm watching: the 10-year Treasury yield broke above 5% — highest since 2007. Oil is still above $108. Two macro pressures stacking on top of a regulatory setback.
BTC is now testing the $74K–$75K support zone. $76.5K–$78K has become the first resistance area.
On days like this, I'm not looking for bottoms. I'm watching which coins hold up better than others. That tells you where real demand sits when the leverage gets flushed.
$BTC $XRP
#Binance #MarketPulse #Crypto
Over 115,000 traders were liquidated in 24 hours.
The bill needed 60 votes to advance in the Senate. It got 50. Polymarket odds of it becoming law this year collapsed from around 30% to single digits.
But here's what I'm watching: the 10-year Treasury yield broke above 5% — highest since 2007. Oil is still above $108. Two macro pressures stacking on top of a regulatory setback.
BTC is now testing the $74K–$75K support zone. $76.5K–$78K has become the first resistance area.
On days like this, I'm not looking for bottoms. I'm watching which coins hold up better than others. That tells you where real demand sits when the leverage gets flushed.
$BTC $XRP
#Binance #MarketPulse #Crypto
