Live updates: Bitcoin slides from nearly $80,000 as Senate votes on Clarity Act
BREAKING: $BTC slides from nearly $80,000, trading around $77,235, as the US Senate votes on the crypto Clarity Act.
Bitcoin just slid from nearly eighty thousand dollars. It's trading around seventy seven thousand two hundred right now, and the reason isn't a hack or a whale dump, it's Washington.
The US Senate is voting on the Clarity Act, the big crypto market structure bill, and traders are watching every procedural step like it's a title fight. Bitcoin had climbed right up to the doorstep of eighty k, then pulled back almost three thousand dollars as the vote got underway.
Which tells you something. Crypto spent years begging for regulatory clarity, and now that clarity is actually on the Senate floor, the market's first instinct is to flinch. Either people are selling the news, or they're nervous about what's actually in the text.
Here's the number that matters. Eighty thousand was right there, and the Senate touched the tape and it vanished. Whatever passes tonight, the market just told you it's not sure it wants it.
This is Sara White, reporting for HIT.
Source
This story was written by HIT from the reporting above. We publish our own copy, not theirs.
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