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One vote buries US crypto reform for 2026 as CLARITY Act fails cloture
Bitcoin plunged about 5% to $75,000,
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Bitcoin plunged about 5% to $75,000, and Ether lost nearly 5% to $2,357 after yesterday's procedural vote on the CLARITY Act in the US Senate failed. Only 50 senators voted to end debate and proceed to consideration; cloture requires 60 votes. Republicans control 53 seats, so the bill needed support from at least seven Democrats—yet some senators who had spent months negotiating the text ultimately voted against it. The vote triggered roughly $770 million in liquidations in 24 hours, of
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