{"id":13311,"date":"2026-09-16T08:58:26","date_gmt":"2026-09-16T08:58:26","guid":{"rendered":"https:\/\/cryptonews.uk.com\/?p=13311"},"modified":"2026-09-16T08:58:26","modified_gmt":"2026-09-16T08:58:26","slug":"bitcoin-drops-below-76000-as-senate-rejects-clarity-act-motion","status":"publish","type":"post","link":"https:\/\/cryptonews.uk.com\/?p=13311","title":{"rendered":"Bitcoin drops below $76,000 as Senate rejects CLARITY Act motion"},"content":{"rendered":"

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The US Senate failed on Sept. 15 to advance the Digital Asset Market Clarity Act, stalling efforts to create a federal framework for crypto markets as Bitcoin fell sharply below $76,000.<\/p>\n

The cloture vote on the motion to proceed failed 49-50, and the measure needed 60 votes to move to debate, so the result was a procedural defeat.<\/p>\n

The bill was designed to replace the industry\u2019s fragmented regulatory environment with uniform federal rules for issuing, trading and selling digital assets. Its failure to advance leaves that wider market-structure push unresolved and denies supporters an immediate path to floor debate.<\/p>\n

The Senate\u2019s official schedule had set the vote for approximately 2:15 p.m. ET. The outcome fell well short of the required supermajority, turning a closely watched policy test into a new source of uncertainty for crypto businesses and investors.<\/p>\n

Bitcoin\u2019s decline started before the tally<\/h2>\n

Bitcoin hit an intraday low of $74,967.97 on Sept. 15, after already falling below $76,000 before the vote. The altcoin market cap tumbled 3.6% in the same period, but managed to stay above $1.15 trillion.<\/p>\n

Traders were also preparing for a Federal Reserve decision, adding another source of pressure across risk assets.<\/p>\n