Browsing: Markets

President Donald Trump shakes hands with Commodity Futures Trading Commission (CFTC) Chairman Michael Selig during a meeting with technology leaders in the Roosevelt Room of the White House, Wednesday, Aug. 19, 2026, in Washington. Jacquelyn Martin/Associated Presshide caption

Bitcoin fell about4%on Tuesday to below$76,000and was changing hands near$75,900early Wednesday, following the Clarity Act failure and heading into aFederal Reservedecision that markets have largely made up their minds about. The Federal Open Market Committee announces at 2 p.m. ET Wednesday, with traders pricing a92.5%odds of a quarter-point increase to3.75%-4.00%.

Crypto markets came under heavy selling pressure after the US Senate failed to advance the CLARITY Act. It is significant, as it aimed to establish clearer rules for the digital-asset industry. The legislation fell short of the 60 votes required to move forward, adding a fresh layer of regulatory uncertainty for the crypto market.