September 14 Morning Podcast: US Senate Democrats hold caucus ahead of CLARITY Act vote; Bitcoin dominance rises as Ethe

The market is focused on the US Senate Democrats' upcoming procedural vote on the CLARITY Act (US digital-asset market-structure bill). Amid regulatory uncertainty, capital has shifted toward Bitcoin, while Ethereum experienced significant long liquidations. Total market capitalization stands at $2.6366 trillion, with Bitcoin dominance rising to 58.85%. Derivatives trading volume increased by 6.06%, indicating heightened demand for hedging and leverage adjustments. Key developments include $118.59 million in liquidations over 24 hours, with 79.27% being long positions; Ethereum accounted for $52.8 million in liquidations, 80% of which were longs. Additionally, CME has filed a lawsuit against the CFTC regarding the classification of Bitcoin perpetual contracts, and Coinbase is providing stablecoin payment infrastructure to over 1,000 regional banks and credit unions.