Bitcoin, Ethereum, XRP, Dogecoin Sink Amid Crypto Bill Failure, Rate Hike Expectations: Analyst Says 'Don't Chase' BTC Bottom, Shares Level They Are Watching

Leading cryptocurrencies tumbled on Tuesday as investors reacted to the CLARITY Act's failure in the Senate and growing expectations of an interest-rate hike Cryptocurrency 24-Hour Gains +/- Price (Recorded at 9:26 p.m. EDT) Bitcoin (CRYPTO: BTC) -2.70% $75,843 Ethereum (CRYPTO: ETH) -4.46% $2,403.67 XRP (CRYPTO: XRP) -9.37% $1.28 Solana (CRYPTO: SOL) -5.20% $97.14 Dogecoin (CRYPTO: DOGE) -4.39% $0.08012 Crypto Market Plunges Bitcoin sank below $74,000, alongside a 27% drop in 24-hour trading volume.