Markets dumped hard after Senate killed the #CLARITYAct vote.

Every single Democrat voted NO on moving it forward.

No crypto framework = continued regulatory chaos. Risk-off across the board. $BTC $ETH feeling the pressure.

This was the path to clear rules. Now we're back to enforcement-by-lawsuit mode.

Expect more chop until we get actual legislative wins. Dems just chose Gary Gensler's playbook over innovation.