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Latest / Panic Drop Podcast

We 16/9 | Daily Crypto & Macro News

Happy Wednesday all!

If you missed the past 24 hours in crypto and stocks, here's your full recap:

🚨 Major Headlines & Market Moves 🚨

- The US Senate failed to advance the Clarity Act after a cloture vote of 49-50, well short of the 60 votes needed. No Democrats voted yes. Four Republicans — Susan Collins, Josh Hawley, Jerry Moran and Thom Tillis — also voted no. Mitch McConnell voted to advance the bill.

- Roughly $300 million in crypto longs were liquidated in the minutes after the vote failed.

- Bitcoin sold off on the news and traded around $75,500 after printing a session low near…

The skinny

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