LIVE: Why is Bitcoin crashing?

Crypto Insight Summary: Bitcoin fell as much as 5% to $76,110 after the Senate failed to advance the CLARITY Act. Ether dropped more than 8%, while smaller tokens also sold off hard. Fed rate fears are adding pressure, with markets pricing a 92% chance of a quarter-point hike. U.S. stock futures are slightly higher, while Asian markets are... Crypto Insight Analysis: Direction: Bearish BTC / Bearish ETH Impact: Major Impact Horizon: Short-term (1-3 days) Reasoning: Senate's failure to advance the CLARITY Act and Fed rate hike fears triggered widespread crypto sell-off.