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Crypto Market Sheds $370M After Senate Rejection of CLARITY Act

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TL;DR: $370 million in liquidations: The derivatives market recorded forced contract closures over the last 24 hours, primarily hitting long positions. U.S. legislative halt: The U.S. Senate failed to reach the 60-vote threshold required to…

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Crypto Market Sheds $370M After Senate Rejection of CLARITY Act
Crypto Economy 15m ago

Crypto Market Sheds $370M After Senate Rejection of CLARITY Act

TL;DR: $370 million in liquidations: The derivatives market recorded forced contract closures over the last 24 hours, primarily hitting long positions. U.S. legislative halt: The U.S. Senate failed to reach the 60-vote threshold required to…

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