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Bitcoin Sinks as the Senate's Clarity Act Showdown Looms
Published Source: DecryptRead original
Crypto Insight Summary: Bitcoin just gave back its entire post-golden-cross rally in one red candle, with a make-or-break Senate vote landing this afternoon and the Fed staring down a rate hike. Crypto Insight Analysis: Direction: Bearish BTC Impact: Major Impact Horizon: Short-term (1-3 days) Reasoning: Senate vote and Fed rate hike concerns create regulatory and monetary policy uncertainty.