Senate Rejects CLARITY Act as Markets Tumble and Fed Prepares Rate Decision

Chain Reaction by Capital Copilot · Sep 16, 2026 · 3m · transcript

September 16th, 2026 - Bitcoin trades at seventy-five thousand eight hundred sixty-four dollars as the crypto industry absorbs a major setback with the Senate's forty-nine to fifty vote rejecting the CLARITY Act, triggering four hundred fifty million dollars in Bitcoin ETF outflows and five hundred seventy million dollars in liquidations. Circle launches Arc blockchain with institutional validators including BlackRock and Visa, while two Robinhood engineers face commodities fraud charges for insider trading on Hyperliquid perpetual futures. Markets brace for the Federal Reserve's rate…