Bitcoin Dips as Senate Vote on CLARITY Act Approaches

Bitcoin retreated to approximately $77,800 after reaching a daily high of $79,600, dragging XRP and Solana lower as markets await a critical U.S. Senate vote on the CLARITY Act (US digital-asset market-structure bill). Republicans, holding 53 seats, require 60 votes to advance the legislation. Democrats have introduced a counter-proposal shortly before the vote, drawing criticism from Senator Cynthia Lummis, while banking associations are simultaneously lobbying for stricter limits on crypto rewards.