Bitcoin Holds Ground as CLARITY Vote Fails; XRP Leads Crypto Selloff

TL;DR Summary
Bitcoin slid to about $75,800 after the Senate failed to advance the CLARITY Act, a roughly 1.5% drop driven more by macro factors than BTC’s regulatory status. XRP sagged nearly 8% while Coinbase fell around 8–9% in the same session, indicating the regulatory setback hit crypto intermediaries more than the coin itself. Traders will look for Bitcoin to reclaim $78,189 to price out the discount, with key supports near $75k, $74k and $72k as macro pressures like rates and oil continue to weigh on risk assets.
- Bitcoin Falls Under $76,000 After the Senate Stalls the CLARITY Act. Why BTC Took the Smallest Hit at 1.5% 24/7 Wall St.
- Senate Votes to Block Crypto Bill in Major Blow to the Industry The New York Times
- The crypto industry saw Trump as its savior. His crypto business just snagged a key bill CNN
- ‘People are pissed’: Crypto’s political agenda hits a wall Politico
- Watch Landmark Crypto Bill Blocked by US Senate Bloomberg.com
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