Bitcoin and crypto stocks fall after Digital Asset Market Clarity Act setback
Bitcoin and the broader crypto market dipped after the U.S. Digital Asset Market Clarity Act failed to clear a Senate procedural vote earlier Tuesday; crypto-related stocks declined more sharply, with some down over 10%.
S. Digital Asset Market Clarity Act failed to advance in a Senate procedural vote earlier on Tuesday. Crypto-related stocks dropped even more sharply, with some declining more than 10%. The pullback came as the Clarity Act stalled.