Bitcoin, Ethereum and XRP Slide as Markets Fear Senate Vote

Bitcoin has slid down to $76,426 after losing nearly three percent over the past twenty four hours. This drop completely wipes out the recent gains traders enjoyed earlier in the week. Market nervousness is running high because a critical Senate vote on the CLARITY Act is happening today.

Other major assets also took a hit during the broader market pullback. Ethereum fell below the key $2,500 level to trade around $2,423, marking a 3.8 percent daily loss. Meanwhile, XRP slipped down to $1.40 as selling pressure picked up speed across the board.

This sudden market shift caused serious pain for leveraged traders. Over $200 million in crypto positions were liquidated in just the past day. Traders should keep a close eye on the Senate results and watch key support levels to see if the market finds a bottom soon.