🩸Crypto is BLEEDING after the CLARITY Act failed to clear the Senate -> So bad for crypto in short term
Bitcoin dropped from $79,000 to below $76,000 as the bill fell short of the 60 votes needed.
Over $330 MILLION in positions liquidated across 80,000 accounts in 24 hours, per CoinGlass.
- $XRP down 10%
-$ETH down 5.7%
- $SOL down 5.8%
The GENIUS Act failed a similar vote in May 2025 and passed two months later.
#FedRateWatch
#ClarityActOddsHalveOnPolymarket
#CLARITYAct
Bitcoin dropped from $79,000 to below $76,000 as the bill fell short of the 60 votes needed.
Over $330 MILLION in positions liquidated across 80,000 accounts in 24 hours, per CoinGlass.
- $XRP down 10%
-$ETH down 5.7%
- $SOL down 5.8%
The GENIUS Act failed a similar vote in May 2025 and passed two months later.
#FedRateWatch
#ClarityActOddsHalveOnPolymarket
#CLARITYAct
