BTC, ETH Slide As U.S. Senate Postpones Crypto Bill Discussion
BTC, ETH Slide as U.S. Senate Postpones Crypto Bill Discussion
Bitcoin (BTCUSD) , Ethereum (ETHUSD) and the majority of altcoins are trading negatively as U.S Senate postpones the crypto market bills discussion, triggering a raft of sell pressure across top digital assets.
BTC shed about 1%, while Ethereum (ETH), Ripple (XRP), Solana (SOL), and other major altcoins declined further, leading to a spike in long liquidations.
Trading data showed Bitcoin hovering below $97k, and Ethereum has also pulled back below $3400 due to mild sell pressure as investors adjusted to the new market bill development.
The US Senate Banking Committee cancelled the markup of the digital asset market structure on Thursday, postponing it as bipartisan negotiations…
