Bitcoin: Drops $6000 After Clarity Act Senate Advance
Bitcoin drops $6000 wiping $126B market cap as Clarity Act advances, Ethereum falls 10% and BTC ETFs see $360M outflows amid bearish 4h technical signals.
SourceAnalysis
Bitcoin plunged $6000 after the CLARITY ACT advanced to a full Senate vote, erasing $126 billion in market cap and triggering classic sell-the-news selling. Ethereum slid more than 10 percent, wiping $30 billion, while BTC ETFs recorded $360 million in net outflows.
Price action on the 4h chart shows BTC testing the lower Bollinger Band support near $76243.98 with the MACD locked in a death cross at -786.61, confirming bearish momentum that favors a retest of the 200-EMA at $77370.76 before any sustained recovery develops.
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