Why Is Bitcoin Down Today?
Bitcoin fell 4% Tuesday morning.
Overview
Bitcoin (CRYPTO: BTC) is down more than 4% since 4:30 p.m. ET yesterday, on Tuesday, Sept. 15, as investors worried about both crypto regulation and tighter financial conditions.
The CLARITY Act, which would create a regulatory framework for digital assets, faces a procedural Senate vote today. The bill needs 60 votes to advance, but reports indicated it may lack the necessary support amid concerns from Senate Democrats.
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Details
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Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.