Bitcoin Price as Republicans Reject Democrats’ CLARITY Act Offer

Bitcoin price hovered below $77,000 on Tuesday as regulatory uncertainty and looming monetary tightening unsettled cryptocurrency markets. Bitcoin price fell 2.77% over 24 hours to $76,279.53, extending weakness before a crucial Senate vote and Wednesday’s Federal Reserve decision. The wider cryptocurrency market lost 2.16%, reducing its value to $2.61 trillion as traders trimmed risk exposure.