Regulation· ★★★★· bearish·

Bitcoin retreats to $77,800 ahead of CLARITY Act vote

  • Bitcoin retreated from $79,000 to $77,800
  • The Senate is preparing to vote on the CLARITY Act
  • Rising oil prices add pressure on the market
Why it matters: The outcome of the CLARITY Act vote will determine US spot crypto market regulation and set bitcoin's price direction.
Source: CoinDesk