Crypto longs worth $570 million wiped out as Clarity Act fails

Crypto Insight Summary: Bullish crypto futures bets worth millions have been liquidated in 24 hours. Bitcoin and ether longs have taken in the most losses. Crypto Insight Analysis: Direction: Bearish BTC / Bearish ETH Impact: Major Impact Horizon: Short-term (1-3 days) Reasoning: Massive liquidation of $570M in longs signals strong bearish sentiment.