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Crypto stocks sink after Senate rejects Clarity Act
Published Source: CoinDeskRead original
Crypto Insight Summary: Coinbase, Circle and Galaxy lead a broad crypto stock selloff after the U.S. Senate failed to advance a long-awaited market structure bill. Crypto Insight Analysis: Direction: Bearish COIN / Bearish CRCL / Bearish GAL Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Senate rejection creates regulatory uncertainty, pressuring crypto stocks.