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Bitcoin Plunges Toward $76K as Senate Crypto Bill Fails Key Vote

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The Story

News Summary

  • Bitcoin tumbled below $77,000 as the Clarity Act failed a key Senate procedural vote, drastically lowering the odds of stablecoin legislation passing.
  • Rising regulatory uncertainty combined with looming Federal Reserve rate hike concerns triggered widespread selloffs across cryptocurrencies and crypto-related equities.
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BTCUSD price history

75709.51 +13.01% over the displayed period

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