Bitcoin Struggles Amid Regulatory Uncertainty as Senate Delays Clarity Act Vote
The U.S. Senate has delayed its vote on the Clarity Act, a bill aimed at providing clear regulations for the crypto market, until September 14 due to lack of consensus.
This delay has left Bitcoin trading around $64,000, struggling to break resistance near $66,000 despite inflows of over $626 million into spot ETFs.
Altcoins like XRP are facing declines amid regulatory uncertainty, while some tokens, such as Hyperliquid's HYPE, show resilience.