Bitcoin Falls to $77,000 as Senate Votes on Crypto Market Structure Bill
Source Summary
Bitcoin declined 3% from an overnight high of $79,530 to $77,000 as the U.S. Senate held a procedural vote on the crypto market structure bill, known as the Clarity Act. Among major cryptocurrencies, only XRP and zcash posted gains during the session.
Why it matters
Senate action on crypto market structure legislation directly affects regulatory clarity and market conditions for digital assets.
