Crypto
Bitcoin price falls to $75.6K September low as global bonds hit multidecade highs
Bitcoin price action weakened over market nerves prior to the Senate CLARITY Act vote, while surging bond yields pressured risk assets across the board.
Cointelegraph•
Bitcoin price action weakened over market nerves prior to the Senate CLARITY Act vote, while surging bond yields pressured risk assets across the board.
Bitcoin (BTC) saw month-to-date lows at Tuesday’s Wall Street open as global bond yields spiked and crypto markets awaited a key US Senate vote on the CLARITY Act.
Data from TradingView showed BTC/USD dipping under $76,000, erasing a trip to $79,600 from the day prior.
“However, procedural progress does not guarantee final passage, and the timing of remaining legislative steps will determine the immediate market impact of any vote this week.”