Bitcoin drops to $77,000 as prospects for CLARITY Act decline

Bitcoin has fallen to $77,000 amid decreasing odds for the CLARITY Act. Markets are preparing for a significant week featuring a Federal Reserve decision and the upcoming vote on the act, while the 10-year Treasury yield has reached its highest level since 2007. Other developments include the SEC continuing its regulatory efforts, the DOJ pursuing $61 million in Iran-linked cryptocurrency, and Robinhood's initiative to align stock tokens more closely with traditional shares.