CLARITY Act Defeat Triggers Heavy BTC Capitulation, According to Onchain Metrics

The U.S. Senate rejected cloture on the CLARITY Act, triggering an immediate drop in BTC price from $79,500 to $76,000. According to CryptoQuant, short-term holders sent more than 23,000 BTC to exchanges at a loss, equivalent to approximately $1.8 billion.

Related Symbols 1

BTCUSD Bitcoin USD

Source: Crypto Economy

Visit Source

0 0 0

Comment

Important Notice: More than 48 hours have passed since this news or analysis was published. Due to the volatility of financial markets, some of the information or data presented may no longer be valid or reflect current market conditions. Please verify the information again before making any trading or investment decisions.

Comments

No comments yet

Be the first person to comment on this news item.

Category Cryptocurrency

Source Crypto Economy

Published 1 week ago

Likes 0

Comments 0

Shares 0

News ID #18,144

Status Published

This news may have been collected automatically from third-party sources. Please verify important information through the original source and other reliable sources before making any trading or investment decision. This content is provided for informational purposes only and does not constitute financial advice.

Keep comments relevant to the news topic and avoid offensive, promotional, spam, or misleading content.