Bitcoin: Drops $4,100 After CLARITY Act Senate Advance
Bitcoin falls 5% to $78240.92 after CLARITY Act Senate vote, erasing $80B market cap and $980M in liquidations amid manipulation questions.
SourceAnalysis
Bitcoin dumped 5% after the CLARITY Act advanced to a full Senate vote, falling $4100 and wiping $80 billion from its market cap while triggering $980 million in liquidations.
Price action at $78240.92 sits inside Bollinger Bands with upper resistance at $81827.95 and lower support at $76682.36; the bearish EMA50 at $79574.53 caps upside while EMA200 at $77378.12 offers deeper floor, and MACD death cross at -609.71 alongside neutral RSI of 39.15 points to continued downside pressure before any relief rally.
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