Bitcoin exchange inflows surge 71% after Clarity Act setback

  • U.S. Senate rejected the Clarity Act in a 49-50 procedural vote.
  • Exchange inflows rose 71%, reaching 33,100 BTC from about 19,400 BTC.
  • Bitcoin fell to around $74,000 from a recent high near $78,000.

Bitcoin fell to around $74,000 from a recent high near $78,000 after the U.S. Senate failed to advance the Clarity Act in a 49-50 procedural vote, below the 60 votes required. Selling by short-term holders intensified, with exchange inflows rising 71% in one day from about 19,400 BTC to 33,100 BTC. CryptoQuant said 23,200 BTC worth about $1.79 billion moved to exchanges at a loss, while Binance recorded more than 10,000 BTC in inflows and Kraken exceeded 6,000 BTC.

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