Bitcoin, Ethereum, XRP, Dogecoin Sink Amid Crypto Bill Failure, Rate Hike Expectations: Analyst Says 'Don't Chase' BTC Bottom, Shares Level They Are Watching
Leading cryptocurrencies tumbled on Tuesday as investors reacted to the CLARITY Act’s failure in the Senate and growing expectations of an interest-rate hike Cryptocurrency 24-Hour Gains +/- Price (Recorded at 9:26 p.m. EDT) Bitcoin (CRYPTO: BTC) -2.70% $75,843 Ethereum (CRYPTO: ETH) -4.46% $2,403.67 XRP (CRYPTO: XRP) -9.37% $1.28 Solana (CRYPTO: SOL) -5.20% $97.14 Dogecoin (CRYPTO: DOGE) -4.39% $0.08012 Crypto Market Plunges Bitcoin sank below $74,000, alongside a 27% drop in 24-hour trading volume. Ethereum dived below $2,400, while XRP and Dogecoin plunged sharply. The CLARITY Act died for 2026 in the Senate, falling short of the 60 votes needed to advance. Cryptocurrency-related stocks bled, with Strategy Inc. (NASDAQ: MSTR ) and Bitmine Immersion Technologies Inc. (NYSE: BMNR ) closing down 5.36% and 8.39%, respectively. Over $660 million was erased in cryptocurrency liquidations in the past 24 hours, with $566 million coming from bullish long positions, according to Coinglass data. Bitcoin’s open interest fell 0.72% over the last 24 hours. Interestingly, retail and whale derivatives traders increased their long exposure to BTC after the dip. The market sentiment shifted from
m. 08012 Crypto Market Plunges Bitcoin sank below $74,000, alongside a 27% drop in 24-hour trading volume. Ethereum dived below $2,400, while XRP and Dogecoin plunged sharply. The CLARITY Act died for 2026 in the Senate, falling short of the 60 votes needed to advance.
Cryptocurrency-related stocks bled, with Strategy Inc. (NASDAQ: MSTR ) and Bitmine Immersion Technologies Inc. 39%, respectively. Over $660 million was erased in cryptocurrency liquidations in the past 24 hours, with $566 million coming from bullish long positions, according to Coinglass data.
72% over the last 24 hours. Interestingly, retail and whale derivatives traders increased their long exposure to BTC after the dip. The market sentiment shifted from “Greed” to “Neutral,” according to the Crypto Fear & Greed Index. m.
07% in the last 24 hours. Read Also: Daredevil Ethereum Trader Risks $780,000 for $40 Million Payday if ETH Hits New Highs Stocks Fall Ahead of Potential Fed Rate Hike The stock market moved lower on Tuesday. 11. 57.
Investors are focused on the Federal Reserve’s rate verdict expected on Wednesday, with the CME FedWatch tool pricing in a 92% chance of a rate hike. ” “Each time BTC touched or briefly fell below its short-term holder cost basis, it created a macro buying opportunity before the bull market resumed,” the analyst added. Martinez said they’re waiting for a pullback to the level, currently around $71,200, before buying BTC again. Did you miss the Bitcoin $BTC bottom?
Don’t chase. This is the level I’m waiting for before buying again. com/yPRQt6kabj — Ali Charts (@alicharts) September 15, 2026 Popular cryptocurrency commentator Michaël van de Poppe expressed growing interest in the $74,000 zone as his preferred support area. “Sweep of the lows done, fear is in the markets, and we most likely get a ton of short liquidity in the markets now too,” he added.
This is the area where I'm getting interested on the markets, as #Bitcoin sweeps the lows here. I'm more or less most interest if this goes to $74,000 as that's been my preferred area all along. com