Bitcoin, Ethereum, XRP, Dogecoin Sink Amid Crypto Bill Failure, Rate Hike Expectations: Analyst Says 'Don't Chase' BTC Bottom, Shares Level They Are Watching
Leading cryptocurrencies tumbled on Tuesday as investors reacted to the CLARITY Act’s failure in the Senate and growing expectations of an interest-rate hike
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Sep 16, 2026 at 2:02 AM UTC · Updated birkaç saniye önce · 2 dk okuma
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bitcoin, ethereum, xrp, dogecoin
Last Updated
birkaç saniye önce
Leading cryptocurrencies tumbled on Tuesday as investors reacted to the CLARITY Act’s failure in the Senate and growing expectations of an interest-rate hike
| Cryptocurrency | 24-Hour Gains +/- | Price (Recorded at 9:26 p.m. EDT) |
|---|---|---|
| Bitcoin (CRYPTO: BTC) | -2.70% | $75,843 |
| Ethereum (CRYPTO: ETH) | -4.46% | $2,403.67 |
| XRP (CRYPTO: XRP) | -9.37% | $1.28 |
| Solana (CRYPTO: SOL) | -5.20% | $97.14 |
| Dogecoin (CRYPTO: DOGE) | -4.39% | $0.08012 |
Crypto Market Plunges
Bitcoin sank below $74,000, alongside a 27% drop in 24-hour trading volume. Ethereum dived below $2,400, while XRP and Dogecoin plunged sharply.
The CLARITY Act died for 2026 in the Senate, falling short of the 60 votes needed to advance.
Cryptocurrency-related stocks bled, with Strategy Inc. (NASDAQ:MSTR) and Bitmine Immersion Technologies Inc. (NYSE:BMNR) closing down 5.36% and 8.39%, respectively.
Over $660 million was erased in cryptocurrency liquidations in the past 24 hours, with $566 million coming from bullish long positions, according to Coinglass data.
Bitcoin’s open interest fell 0.72% over the last 24 hours. Interestingly, retail and whale derivatives traders increased their long exposure to BTC after the dip.
The market sentiment shifted from “Greed” to “Neutral,” according to the Crypto Fear & Greed Index.
Top Gainers (24 Hours)
| Cryptocurrency (Market Cap>$100 M) | Gains +/- | Price (Recorded at 9:26 p.m. EDT) |
| Akedo (AKE) | +72.15% | $0.02772 |
| Arbitrum (ARB) | +12.38% | $0.1988 |
| Bitway (BTW) | +9.26% | $0.6833 |
The global cryptocurrency market capitalization stood at $2.58 trillion, down 3.07% in the last 24 hours.
Read Also: Daredevil Ethereum Trader Risks $780,000 for $40 Million Payday if ETH Hits New Highs
Market Context
Bitcoin
BTC
$75,812
-2.24% (24H)
Market Cap
$1.52T
24H Volume
$30.3B
24H High
$77,707
Article Intelligence
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