Senate Delays Crypto Clarity Act Vote as Bitcoin Stalls Above $64,000
The US Senate has delayed its floor vote on the Crypto Clarity Act until September, after the summer recess. This decision was confirmed by Senate Majority Leader John Thune.
Bitcoin's price remains steady above $64,000, with a bearish near-term bias as it holds below the 50-day Exponential Moving Average (EMA) at $64,637 and the 100-day EMA at $66,977. The 200-day EMA is at $72,419.
Cardano and LayerZero have sustained gains from the previous day's rebound, outperforming top altcoins over the last 24 hours. Cardano extends its advance above the 50-day EMA at $0.1780 and the 100-day EMA at $0.1970.