Bitcoin Price Fluctuates as Leverage Declines Ahead of CLARITY Act Vote and Fed Decision

Bitcoin open interest dropped 13.5% over ten days to 278,151 BTC, while the price trades below $77,000. The Senate is scheduled to hold a cloture vote on the CLARITY Act (US digital-asset market-structure bill) today at 2:15 p.m. Eastern, with the White House pushing for passage. Additionally, markets are bracing for a Federal Reserve rate decision, with futures currently pricing a 70% probability of a 25-basis-point hike.