Bitcoin Drops After Senate Fails to Reach 60‑Vote Threshold on Crypto Bill

On Tuesday the U.S. Senate did not achieve the 60‑vote supermajority required to move forward the cryptocurrency‑focused bill that has been the centerpiece of industry lobbying. As the vote count climbed, Bitcoin fell about 3.9%, while many other digital assets posted losses.

Legislative outcome

The Senate vote ended without the 60 votes needed to clear the bill, leaving the legislation stalled for the time being. No further details on the vote count were provided.

Market reaction

Bitcoin (BTC) slid to $76,067, down 3.93% from the previous session. Ethereum (ETH) fell 5.41% to $2,407.74. The broader market saw a wave of declines across major and minor tokens.

Key price moves

• BTC: $76,067 (-3.93%)
• ETH: $2,407.74 (-5.41%)
• BNB: $720.91 (-0.75%)
• XRP: $1.30 (-10.64%)
• SOL: $98.08 (-5.17%)
• ADA: $0.1981 (-6.97%)
• DOT: $0.9593 (-6.19%)
• LINK: $11.12 (-5.31%)
• LTC: $51.59 (-4.32%)
• AVAX: $7.36 (-3.43%)
• NEAR: $2.34 (-7.92%)
• ICP: $2.48 (-10.70%)
• INJ: $5.50 (-13.90%)
• FIL: $0.8161 (-14.67%)

Stablecoins and fiat‑pegged assets

• USDC: $0.999693 (-0.02%)
• USDT: $0.999682 (-0.02%)
• USDD: $0.998658 (-0.08%)
• USDE: $0.999164 (-0.07%)
• USDS: $0.999409 (-0.04%)

Despite the drop in Bitcoin, the market did not enter panic mode, and price declines were broadly moderate across the spectrum of assets.