Bitcoin trades at $76,300 as CLARITY Act fails to advance in Senate vote

  • The Senate blocked advancement of the Digital Asset Market CLARITY Act in a procedural vote.
  • $76,300 was Bitcoin’s September 17 price, with a $1.532 trillion market capitalization.
  • Bitcoin’s 2026 outlook projects prices between $59,500 and $84,200, averaging near $71,400.

Bitcoin was trading at $76,300 on September 17, up 1% over 24 hours, with a market capitalization of about $1.532 trillion and trading volume of about $29 billion. The move followed the Senate’s failure to advance the Digital Asset Market CLARITY Act after it received fewer than the 60 votes required for the procedural step. Senate Democrats opposed advancement over government ethics provisions and presidential conflicts of interest, while stablecoin reward concerns raised by community banks and Republican defections weakened the bill’s momentum. The vote was not a final rejection, but it left the legislation’s prospects uncertain as the midterm legislative calendar approaches. Bitcoin had fallen to around $75,600 on September 16 from nearly $80,000 before the vote, while crypto-linked stocks including Coinbase, Robinhood and Strategy also declined. Bitcoin’s 2026 outlook calls for a recovery year, with a projected range of $59,500 to $84,200 and an average near $71,400. It cites Federal Reserve rate cuts and sustained spot-ETF inflows as bullish factors, while higher-for-longer rates and a sustained break below $58,300 are identified as key risks. The outlook also points to the 2028 halving. Technical analysis focused on a period when Bitcoin traded in the low-$60,000s, with the market below its 50-day average near $65,143 and 200-day average near $74,705, an RSI (momentum indicator) near 48 and Extreme Fear on the Fear & Greed Index. The September 17 price was above $74,705, although the framework requires a sustained reclaim of that average rather than a single observation. Attention now centers on whether the CLARITY Act can regain momentum, alongside interest-rate policy, spot-ETF flows and the approach of the 2028 halving. A Senate procedural vote is not presented as a definitive verdict on Bitcoin’s valuation. The material also promoted a $50 payment and $300,000 prize draw on EdgeX, a Bitcoin trading promotion on Bybit offering a chance to win a $1,000 USDT airdrop, and token presales.

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