Bitcoin at $78,428 ahead of CLARITY Act as odds of passage fall from 30% to 16%
- —BTC +2.27% to $78,428, ETH +2.11% to $2,526, XRP +6.67% to $1.43
- —CLARITY Act odds on Polymarket moved from 14% to 30%, then retreated to 16%
- —24-hour liquidations totaled $357.55 million, including $91.76 million in BTC, 81.8% of them shorts
- —Lummis: Democrats are demanding new concessions, 114 points have been addressed, and the White House says 95% of demands are met
Why it matters: The CLARITY Act vote and the Federal Reserve meeting will set Bitcoin's direction, with the market pricing in an 86-87% chance of a rate hike.
Source: Blockmedia