Bitcoin trades around $76,000 as the CLARITY Act failed to pass a procedural vote, most likely killing the bill’s chances in 2026.

CryptocurrencyTickerPrice
Bitcoin(CRYPTO: BTC)$75,923
Ethereum(CRYPTO: ETH)$2,403
Solana(CRYPTO: SOL)$99.87
XRP(CRYPTO: XRP)$1.40
Dogecoin(CRYPTO: DOGE)$0.08197
Shiba Inu(CRYPTO: SHIB)$0.055125

Notable Statistics:

  • Coinglass data shows 91,737 traders were liquidated in the past 24 hours for $505.67 million.       
  • SoSoValue data shows net inflows of $160 million from spot Bitcoin ETFs on Monday. Spot Ethereum ETFs saw net inflows of $121 million.
  • In the past 24 hours, top gainers include Akedo, Arbitrum and XDC Network.

Notable Developments:

Trader Notes:

Trader KillaXBT said Bitcoin’s pre-event decline reflects expectations that the Clarity Act could fail and the Fed could hike rates, suggesting selling after the announcements could instead mark a local bottom.

Bitfinex noted markets have dramatically shifted from expecting rate cuts three months ago to pricing a 93.5% chance of a hike, yet Bitcoin continues to hold its range lows.

The bigger question is whether the Fed signals a one-off hike or the start of a longer tightening cycle.

Image: Shutterstock