BTC, XRP, SHIB Plunge After Clarity Failure: These Senators Voted Against It
Bitcoin, XRP and Shiba Inu are trading sharply lower after the U.S. Senate failed to advance the CLARITY Act, dealing a major blow to the cryptocurrency industrys push for comprehensive market structure legislation. The crucial procedural vote failed 49-50 on Tuesday. Supporters needed 60 votes to invoke cloture on the motion to proceed to H.R. 3633, meaning the legislation fell well short of the threshold required to move forward. The defeat added more pressure to an already weak cryptocurrency market. BTC, XRP, SHIB Plunge After Clarity Failure: These Senators Voted Against It Clarity Act Fails Again: What It Means for Crypto Bitcoin is currently trading near $76,000, down roughly 3.7% over the past 24 hours. XRP has suffered an even steeper decline, plunging more than 7% to around $1.30. Shiba Inu has also joined the selloff. SHIB is changing hands at roughly $0.00000513, down around 3.7% on the day. You Might Also Like Ethereum, Solana and other major cryptocurrencies are also in the red. These senators voted against CLARITY Perhaps the biggest surprise was the number of lawmakers who had previously participated in bipartisan crypto negotiations but ultimately voted against moving the bill forward. Several prominent Democrats who had spent months negotiating the legislation voted no, including Kirsten Gillibrand, Mark Warner,









