Bitcoin falls to US$ 76.000 after the CLARITY Act fails
Bitcoin fell about 4% to near US$ 76.000 after the U.S. Senate rejected a cloture vote on the CLARITY Act by 49 to 50. The bill needed 60 votes to advance market-structure rules that split oversight between the SEC and the CFTC. The defeat, on the eve of midterm elections, removes an important regulatory catalyst and leaves crypto exposed to Fed policy and rising yields. Altcoins and crypto stocks also fell.
#BitcoinSlidesTo$76000 $BTC #Clarity
Bitcoin fell about 4% to near US$ 76.000 after the U.S. Senate rejected a cloture vote on the CLARITY Act by 49 to 50. The bill needed 60 votes to advance market-structure rules that split oversight between the SEC and the CFTC. The defeat, on the eve of midterm elections, removes an important regulatory catalyst and leaves crypto exposed to Fed policy and rising yields. Altcoins and crypto stocks also fell.
#BitcoinSlidesTo$76000 $BTC #Clarity
