Bitcoin at $76,000 as Ethereum, XRP, Dogecoin Dump on CLARITY Act Failure

Bitcoin trades around $76,000 as the CLARITY Act failed to pass a procedural vote, most likely killing the bill’s chances in 2026.

Cryptocurrency	Ticker	Price
Bitcoin	(CRYPTO: BTC)	$75,923
Ethereum	(CRYPTO: ETH)	$2,403
Solana	(CRYPTO: SOL)	$99.87
XRP	(CRYPTO: XRP)	$1.40
Dogecoin	(CRYPTO: DOGE)	$0.08197
Shiba Inu	(CRYPTO: SHIB)	$0.055125

Notable Statistics:

• Coinglass data shows 91,737 traders were liquidated in the past 24 hours for $505.67 million.       
• SoSoValue data shows net inflows of $160 million from spot Bitcoin ETFs on Monday. Spot Ethereum ETFs saw net inflows of $121 million.
• In the past 24 hours, top gainers include Akedo, Arbitrum and XDC Network.

Notable Developments:

• Arbitrum to Hit $10 by 2030, Outperform ETH and BTC, Standard Chartered Says
• Bitcoin to Hit $20 Trillion by 2035, Dan Tapiero Says: ‘That’s A 10x From Here’
• Daredevil Ethereum Trader Risks $780,000 for $40 Million Payday if ETH Hits New Highs
• Ark Invest Cashes Out $40 Million From Bitcoin ETF Even as BTC Pops 23% Over a Month
• Democrats Reject GOP’s ‘Final’ Offer as Bessent Says CLARITY Act Fights ‘Evasion’
• Ripple Adds Louisville to Its Kansas, Florida College Deals
• Dogecoin Fully Retraces Friday’s 5% Spike: What Is Going On With DOGE?

Trader Notes:

Trader KillaXBT said Bitcoin’s pre-event decline reflects expectations that the Clarity Act could fail and the Fed could hike rates, suggesting selling after the announcements could instead mark a local bottom.

Bitfinex noted markets have dramatically shifted from expecting rate cuts three months ago to pricing a 93.5% chance of a hike, yet Bitcoin continues to hold its range lows.

The bigger question is whether the Fed signals a one-off hike or the start of a longer tightening cycle.

Image: Shutterstock