🚨 MARKET ALERT: BILLION-DOLLAR LIQUIDATIONS AS SENATE STALLS 🚨
The crypto market is seeing an "Extreme Fear" (11/100) sell-off today. While social media is screaming "REJECTED," here is the actual truth about the CLARITY Act and why the charts are bleeding.
🏛️ The Facts: What’s Actually Happening?
Not a Rejection, but a Standoff: The bill isn't dead, but the Senate Banking Committee has hit a wall. Big banks and crypto firms are in a "yield war" over stablecoin rewards.
Political Gridlock: Progress has slowed as the Senate shifts focus to housing initiatives, leaving the $3 Trillion "institutional wave" on the sidelines for now.
Institutional Exit: The Coinbase Premium has flipped negative, signaling that "Smart Money" is de-risking until D.C. provides a clear timeline.
📊 Market Carnage (24H):
$BTC : $64,049 (-13%) 📉
$ETH : $1,874 (-14%) 📉
$SOL : $79.76 (-15%) 📉
Liquidations: Over $830M+ wiped out in 24 hours.
💡 The Strategy:
Don't trade the "FUD" (Fear, Uncertainty, Doubt). The market is reacting to a delay, not a final "No." Historical support levels for BTC are being tested—watch the $60k - $62k zone closely.
Stay calm. Manage your leverage. The volatility is the price we pay for the potential.