CLARITY Act Rejected in US Senate, Sell-Off Wave in Bitcoin and Altcoins

The rejection of the CLARITY Act in the US Senate is a negative development that heightens regulatory uncertainty for cryptocurrency markets. BTC has already fallen 2% in 24 hours and is trading at $75,882; with an RSI of 41, it is weak but not in oversold territory. The MACD is negative and below the signal line, indicating short-term downward momentum. The price is trading below the SMA20 and SMA50, confirming the bearish trend. With this news, selling pressure is likely to continue over the next 1-3 days, but the RSI not approaching oversold suggests limited downside potential.

The rejection of the CLARITY Act is creating a negative news flow by increasing regulatory uncertainty in cryptocurrency markets. COIN stock could be directly affected by the sell-off in Bitcoin and altcoins. Technical indicators are already weak: RSI at 37.8 is near oversold territory but no reversal signal yet, MACD is negative and below the signal line. The price is trading below the 20 and 50-day moving averages, supporting the short-term downtrend. With the impact of the news, downward pressure may continue within 1-3 days, but oversold conditions could lead to a limited rebound.

The rejection of the CLARITY Act in the US Senate could increase regulatory uncertainty in cryptocurrency markets, potentially creating selling pressure on Bitcoin and altcoins. MSTR, which holds a significant amount of Bitcoin on its balance sheet, may be negatively affected by this news. Technical indicators are already weak: RSI is around 40 and MACD is in negative territory, and the price is trading below the 20 and 50-day moving averages. Downside risk may continue in the short term, but the impact of the news could be limited and create a selling opportunity. Nevertheless, regulatory news flow should be closely monitored.