Crypto markets opened the day under pressure from U.S. policy disappointment and Fed uncertainty, with bitcoin near the mid-$70,000s and spot ETF outflows accelerating. Outside markets, stablecoin infrastructure, bank custody plans, and node software updates pointed to continued industry buildout.
CLARITY Act setback hits prices and ETF flows
The Senate’s failure to advance the CLARITY Act weighed on crypto prices, with reports describing declines across majors, alts, and memecoins. U.S. spot bitcoin ETFs also recorded about $450 million in net outflows, the largest since June, as regulatory-sensitive tokens sold off. Analysts cited weaker U.S. demand and the failed vote as part of the pressure on bitcoin’s Coinbase premium.
Sources: Decrypt, CoinDesk, CoinDesk, Cointelegraph, Cointelegraph
Bitcoin holds near $76,000 as traders focus on the Fed
Bitcoin was reported around $76,000, with traders watching the Federal Reserve more closely than Congress for the next major price signal. Coverage said dollar liquidity and the expected rate decision were shaping sentiment, and that some traders had built stablecoin positions while waiting for uncertainty to clear.