Bitcoin Price Crashed Below $75K After CLARITY Act Failed to Pass in the Senate

The post Bitcoin Price Crashed Below $75K After CLARITY Act Failed to Pass in the Senate appeared first on Coinpedia Fintech News

Bitcoin price crashed 4.6% after the U.S. Senate’s highly anticipated procedural vote on the Digital Asset Market Clarity Act failed. The bill fell short of the 60 votes needed to overcome the procedural hurdle, triggering a sharp “sell-the-news” reaction across the crypto market.  Bitcoin dropped below the $75,000 level, triggering $771 million in crypto liquidations. …