Shares of crypto-linked companies declined after the CLARITY Act failed to advance in the U.S. Senate, according to Cointelegraph. Circle and Coinbase each fell about 10% as the unsuccessful vote weighed on the sector. Bitcoin mining companies and crypto treasury firms also moved lower, extending the pressure across publicly traded businesses tied to digital assets. The market reaction focused on equities rather than a reported move in the related underlying crypto assets. The Senate outcome leaves the legislation without advancement at this stage, while investors reassessed the outlook for companies whose businesses are connected to the cryptocurrency market. Cointelegraph published its report on September 15, 2026.
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Cointelegraph
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