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Warren Kills the Clarity Act as Bitcoin Drops Under $75K!

The Senate failed to advance the CLARITY Act in a 49 to 50 procedural vote, falling short of the 60 votes required. Bitcoin immediately came under pressure, while hundreds of millions in leveraged crypto positions were liquidated and spot Bitcoin ETFs recorded heavy outflows. But the bigger question is what Washington’s latest setback actually means for Bitcoin and crypto regulation going forward.

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