Bitcoin Faces Dual Pressure From US Yields and CLARITY Act Failure
📉 Bitcoin fell below $76,000 during the US session, with some venues recording lows around $74,900–$75,000. The earlier $75,560 print was only an early-session low, not the final low of the day.
🏛 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.
📈 At the same time, the 10-year Treasury yield near 5.04% continued to weigh on risk assets as markets awaited the Fed’s September 16 rate decision. Around $98 million in BTC long positions were also liquidated during the decline.
📊 The $75,000 area is now a key short-term support zone, while Bitcoin would need to reclaim roughly $77,000–$77,400 to improve its price structure.
#Bitcoin $BTC
📉 Bitcoin fell below $76,000 during the US session, with some venues recording lows around $74,900–$75,000. The earlier $75,560 print was only an early-session low, not the final low of the day.
🏛 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.
📈 At the same time, the 10-year Treasury yield near 5.04% continued to weigh on risk assets as markets awaited the Fed’s September 16 rate decision. Around $98 million in BTC long positions were also liquidated during the decline.
📊 The $75,000 area is now a key short-term support zone, while Bitcoin would need to reclaim roughly $77,000–$77,400 to improve its price structure.
#Bitcoin $BTC
