Tuesday 《Clear Act》 fails to pass due to 10 missing votes, leaving crypto market regulatory legislation in limbo. Meanwhile, oil prices surge, edging toward 110, and Bitcoin plunges.

BTC: Last night’s fifth retest of 76,000 provided a bearish catalyst, breaking down. The closing price was 76,200, with the low moving down to 73,755. Intraday resistance is at 76,850.