Crypto stocks fall amid uncertainty over CLARITY Act
- —Coinbase fell 4.1%, Robinhood 2.2% and Strategy 3.5%
- —The yield on 10-year US Treasuries is at a 19-year high
- —The Senate vote on the CLARITY Act took place on Tuesday afternoon
- —Shares of Intel, Micron and Sandisk rebounded after Monday's decline
Why it matters: A failure of the CLARITY Act would keep regulatory uncertainty in place for crypto exchanges and their stocks.
Source: Blockonomi