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Ark Invest cuts $65 million in Coinbase, Circle stakes before Senate's crypto vote

Published Source: CryptoPolitanRead original

Crypto Insight Summary: Ark Invest sold more than $65 million in crypto stocks including Coinbase and Circle on Monday, hours before the Senate's Clarity Act cloture vote. Crypto Insight Analysis: Direction: Bearish COIN / Bearish USDC Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Institutional sell-off before key vote creates short-term uncertainty.

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