1️⃣ CLARITY Act Procedural Vote Falls Short
The U.S. Senate procedural vote on the CLARITY Act failed to reach the required 60-vote threshold, with 50 votes in favor and 49 against. This could prolong regulatory uncertainty surrounding the U.S. crypto market.
2️⃣ Bitcoin Drops Nearly 4%
Following the news, Bitcoin fell around 4% to approximately $75,900. Shares of Coinbase and Circle also declined.
3️⃣ Spot ETF Outflows Continue
On September 15, U.S. spot ETFs recorded net outflows of approximately:
🔻 Bitcoin ETFs: $450.4M
🔻 Ethereum ETFs: $142.3M
Continued outflows could add further selling pressure to the crypto market.
4️⃣ Markets Await the Federal Reserve Decision
The market is now focused on the Federal Reserve's interest-rate decision. The decision and the tone of the accompanying statement could become a major catalyst for the next move in Bitcoin and altcoins.
⚠️ Disclaimer: This report is for informational purposes only and does not constitute investment or financial advice.
Sources: Reuters, CNBC, Farside Investors
The U.S. Senate procedural vote on the CLARITY Act failed to reach the required 60-vote threshold, with 50 votes in favor and 49 against. This could prolong regulatory uncertainty surrounding the U.S. crypto market.
2️⃣ Bitcoin Drops Nearly 4%
Following the news, Bitcoin fell around 4% to approximately $75,900. Shares of Coinbase and Circle also declined.
3️⃣ Spot ETF Outflows Continue
On September 15, U.S. spot ETFs recorded net outflows of approximately:
🔻 Bitcoin ETFs: $450.4M
🔻 Ethereum ETFs: $142.3M
Continued outflows could add further selling pressure to the crypto market.
4️⃣ Markets Await the Federal Reserve Decision
The market is now focused on the Federal Reserve's interest-rate decision. The decision and the tone of the accompanying statement could become a major catalyst for the next move in Bitcoin and altcoins.
⚠️ Disclaimer: This report is for informational purposes only and does not constitute investment or financial advice.
Sources: Reuters, CNBC, Farside Investors
