Crypto
Bitcoin Slides as Senate Prepares to Vote on Clarity Act
Bitcoin traded at $76,921.0 on Tuesday, down 1.4% from Monday's close.
The price movement comes as investors await a U.S. vote on the Clarity Act, a key regulatory bill for cryptocurrencies.
Republican senators have been working to gain support among Democrats, with Senator Cynthia Lummis claiming that President Trump has agreed to a new ethics provision in the bill.
The Clarity Act aims to establish a wide-reaching regulatory framework for crypto in the U.S., but it still needs to attract some Democrat support to clear Congress.