$275 million in long positions in cryptocurrency were liquidated in just 20 minutes after the Senate vote failed on the Crypto Transparency Act.
Bitcoin fell by $2,200 in just 20 minutes to $74,900, while Ethereum dropped below $2,400.
Nearly $70 billion has been wiped off the crypto market.
Bitcoin fell by $2,200 in just 20 minutes to $74,900, while Ethereum dropped below $2,400.
Nearly $70 billion has been wiped off the crypto market.
