The U.S. Senate failed to advance the CLARITY Act, with the procedural vote falling short of the 60 votes required to move the bill forward. The final vote was 50–49.
The setback adds more regulatory uncertainty for the crypto market, as the U.S. still lacks a comprehensive market-structure framework for digital assets.
Bitcoin $BTC dropped around 4% following the vote, while Coinbase and Circle also saw sharp declines, highlighting the market’s sensitivity to U.S. crypto regulation.
The bill could potentially be reconsidered, but for now, regulatory uncertainty remains a key risk for crypto investors and traders.
#FedRateWatch #StrategyMarketCapPassesFord
The setback adds more regulatory uncertainty for the crypto market, as the U.S. still lacks a comprehensive market-structure framework for digital assets.
Bitcoin $BTC dropped around 4% following the vote, while Coinbase and Circle also saw sharp declines, highlighting the market’s sensitivity to U.S. crypto regulation.
The bill could potentially be reconsidered, but for now, regulatory uncertainty remains a key risk for crypto investors and traders.
#FedRateWatch #StrategyMarketCapPassesFord
