CLARITY Act Vote Triggers Crypto Uncertainty

The US Senate is set to vote on the CLARITY Act, a cryptocurrency market-structure bill that would establish a clearer regulatory framework for digital assets.

Rights and options trading platforms Robinhood and Webull are falling 4% in Tuesday morning trading as investors weigh crypto-market uncertainty surrounding this vote.

BTC is down 3% to $76,372.44, while the iShares Bitcoin Trust ETF (IBIT) also fell by 3%. The broader SPY index has dropped just 0.37% to $758.07.

Ryan Adams' company Interactive Brokers stock was down 3% at $88.29.