Bitcoin, Ethereum, XRP, Dogecoin Slip After Crypto Bill Stalls In Senate

Google News Negative
Major cryptocurrencies dipped as a key crypto bill stalled in the Senate due to industry opposition, leading to significant liquidations and a shift to neutral market sentiment.

Leading cryptocurrencies, including Bitcoin, Ethereum, XRP, and Dogecoin, experienced dips on Thursday after a crucial cryptocurrency bill encountered a delay in the Senate due to opposition from industry giants. This regulatory setback contributed to a market downturn, with Bitcoin retreating from a two-month high of $97,000, and over $320 million being liquidated from the cryptocurrency market in the last 24 hours. The market sentiment has shifted back to "Neutral" from "Greed" according to the Crypto Fear & Greed Index.

View Source