The crypto industry faced a devastating loss following the Senate vote failure on the Digital Asset Market Clarity Act. But it quickly scored two minor wins at Washington. The CLARITY Act required 60 votes to advance, but it could secure only 50 votes. 49 senators voted against it.

Bitcoin prices fell on Tuesday, September 15, suffering a notable decline before the Clarity Act failed a key vote on Capitol Hill.

Bitcoin fell below $76,000 after the Senate stalled the CLARITY Act. Here's why BTC fell less than XRP, Ethereum, and Solana.

Bitcoin just gave back its entire post-golden-cross rally in one red candle, with a make-or-break Senate vote landing this afternoon.

The Digital Asset Tax Certainty Act cleared the House Ways and Means Committee 38 to 5, exempting small Bitcoin transactions from capital-gains reporting. The bill extends wash-sale rules to crypto, ending the practice of selling Bitcoin at a loss and immediately repurchasing it to offset gains.

Fidelity’s FBTC led with $214.8 million outflows, followed by BlackRock’s IBIT with $161.7 million.

US spot Bitcoin ETFs lost $450.4 million as the CLARITY Act stalled in the Senate, adding regulatory uncertainty to an already weak crypto market.