💥 $330 million liquidated as crypto dips
🇺🇸 The US Senate failed to make progress on the CLARITY bill after it did not receive the required 60 votes to move to the next step.
Bitcoin fell from around $79,000 to below $76,000, reaching an intraday low of about $74.9K as the market digested the news.
📉 Major coins are taking a heavy hit:
🔻 $XRP : -10%
🔻 $ETH : -5.7%
🔻 $SOL : -5.8%
💥 According to CoinGlass, more than $330 million was liquidated from crypto positions across roughly 80,000 accounts within 24 hours.
But there are interesting precedents 👀
The GENIUS bill also faced a failed procedural vote in the Senate in May 2025 before advancing later that same month, eventually passing the Senate on June 17, 2025, with a 68–30 vote.
So CLARITY’s failure to advance doesn’t necessarily mean the story is over.
For now, the market is reacting to heavy selling pressure.
⚠️ Don’t panic. Don’t chase the candles.
The most important question right now is whether BTC and several major altcoins can hold the following support levels.
If support holds → we could see a strong bounce.
If support breaks → more downside could follow.
👀 This is a critical moment for the crypto market.
Please follow up
#BTC #TradeSignal #CLARITYAct #Market_Update
🇺🇸 The US Senate failed to make progress on the CLARITY bill after it did not receive the required 60 votes to move to the next step.
Bitcoin fell from around $79,000 to below $76,000, reaching an intraday low of about $74.9K as the market digested the news.
📉 Major coins are taking a heavy hit:
🔻 $XRP : -10%
🔻 $ETH : -5.7%
🔻 $SOL : -5.8%
💥 According to CoinGlass, more than $330 million was liquidated from crypto positions across roughly 80,000 accounts within 24 hours.
But there are interesting precedents 👀
The GENIUS bill also faced a failed procedural vote in the Senate in May 2025 before advancing later that same month, eventually passing the Senate on June 17, 2025, with a 68–30 vote.
So CLARITY’s failure to advance doesn’t necessarily mean the story is over.
For now, the market is reacting to heavy selling pressure.
⚠️ Don’t panic. Don’t chase the candles.
The most important question right now is whether BTC and several major altcoins can hold the following support levels.
If support holds → we could see a strong bounce.
If support breaks → more downside could follow.
👀 This is a critical moment for the crypto market.
Please follow up
#BTC #TradeSignal #CLARITYAct #Market_Update
