Crypto assets came under heavy pressure on Monday night after the U.S. Senate failed to advance the CLARITY Act, according to Coinpedia. The setback was followed by a broad market selloff, described by the publication as the sharpest decline in several weeks. Total cryptocurrency market capitalization fell 2.9% over 24 hours to $2.70 trillion. Bitcoin also moved lower, reaching $76,047.75 before subsequently falling below the $75,000 level for the first time. The market reaction places the failed legislative advance at the center of the latest decline, although the supplied report does not provide further details on the Senate vote or the bill’s provisions. The move was also relevant to broader market monitoring, with the Dow Jones Industrial Average listed among related assets. Coinpedia reported the developments in a post published on September 15, 2026.
Crypto Market Slides After Senate Fails to Advance CLARITY Act
Crypto market capitalization fell 2.9% to $2.70 trillion after the Senate failed to advance the CLARITY Act. Bitcoin dropped to $76,047.75 and later moved below $75,000, Coinpedia reported.
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