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The Economic Times
The Economic Times
Surbhi Khanna

Bitcoin trades near $75,000 as CLARITY Act setback weighs, Fed decision in focus

Bitcoin US Federal Reserve United States The US Senate Crypto Ethereum Prateek Gupta CoinSwitch Markets Desk Cryptocurrency

Bitcoin trades near $75,000, hitting a September low after the CLARITY Act failed to clear the Senate cloture vote 50-49, effectively ending its chances of becoming law this year. The cryptocurrency was trading at $75,743 mark.

In the past 24 hours, Bitcoin was down 1.55% and Ethereum was down 3.03% to trade at $2,398 mark. Among the major altcoins, BNB, XRP, Solana, Tron, Hyperliquid, Dogecoin, Cardano corrected upto 8.05%.

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