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Ether falls after Senate fails to pass crypto Clarity Act

Ether stays under pressure after a two-week low, following the Senate’s procedural vote that failed to pass the Clarity Act, amid market pricing for a potential Fed rate rise.

ETHUSD

Ether remained under pressure after hitting a two-week low on Tuesday, following the Senate’s failure to pass the Clarity Act in a procedural vote. The measure was intended to establish a regulatory framework for digital assets. The market is also largely pricing in an interest-rate increase by the Federal Reserve in a decision at…