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Bitcoin price drops below $76,000 amid regulatory setbacks in the US
3 sourcesPublished · Updated
Bitcoin's price sharply declined, falling below $76,000 following the failure of the CLARITY Act in the US. Liquidation volume in the crypto market reached $288 million in the last hour, with $265 million attributed to long positions.
Key facts
- Bitcoin price fell to $75,700
- Failure of the CLARITY Act in the US
- Liquidation volume in the crypto market $288 million
- $265 million of liquidations were long positions
- Potential interest rate hike by the Fed
Bitcoin · CLARITY Act · the US · the Federal Reserve
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