🚨 The Clarity Act fails in the Senate vote — Crypto reacts
The vote on the CLARITY Act in the U.S. Senate failed 49–50, triggering a strong massive sell-off in the crypto market.
📉 $BTC: ~4% down
📉 $ETH: ~5% down
📉 $XRP: ~7–10% down
📉 $SOL and $DOGE: ~5% down
💥 Leveraged positions were liquidated by around $570M–$670M, while spot Bitcoin ETFs in the U.S. saw outflows of approximately $450M.
🏛️ Key takeaway: The bill’s failure increases regulatory uncertainty, but it doesn’t mean crypto is banned or that the existing legal status of BTC/XRP suddenly changed.
⚠️ Analysts also point to expectations for Fed rates and oil prices as additional factors behind the sell-off.
#Crypto #Bitcoin #XRP #Ethereum #LeyCLARITY #BTC #BinanceSquare
#ussenateblocksclarityact
$BTC
The vote on the CLARITY Act in the U.S. Senate failed 49–50, triggering a strong massive sell-off in the crypto market.
📉 $BTC: ~4% down
📉 $ETH: ~5% down
📉 $XRP: ~7–10% down
📉 $SOL and $DOGE: ~5% down
💥 Leveraged positions were liquidated by around $570M–$670M, while spot Bitcoin ETFs in the U.S. saw outflows of approximately $450M.
🏛️ Key takeaway: The bill’s failure increases regulatory uncertainty, but it doesn’t mean crypto is banned or that the existing legal status of BTC/XRP suddenly changed.
⚠️ Analysts also point to expectations for Fed rates and oil prices as additional factors behind the sell-off.
#Crypto #Bitcoin #XRP #Ethereum #LeyCLARITY #BTC #BinanceSquare
#ussenateblocksclarityact
$BTC
