TradingKey – Procedural vote on the Clarity Act falters, Bitcoin loses $75,000, and crypto stocks plunge across the board.

On September 15, Eastern Time, the U.S. Senate procedural vote ended with 49 votes in favor and 50 against, falling short of the 60-vote threshold and failing to advance the Clarity Act. The outcome triggered a sharp market reaction to the failed resolution of policy uncertainty and set off a chain reaction of liquidations across the network.

By the close, crypto concept stocks plunged across the board, with Circle (CRCL) and Coinbase (COIN) both tumbling over 10%, Bitmine (BMNR) falling over 8%, Strategy (MSTR) dropping over 5%, and Robinhood (HOOD) falling over 3%.

Over the past 24 hours, cryptocurrency losses…