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Bitcoin wilts as oil and rates rise. Clarity Act odds tumble to 38%

CoinDesk·July 23, 2026·1 min read
Bitcoin wilts as oil and rates rise. Clarity Act odds tumble to 38%

Bitcoin declined as oil prices and interest rates rose. The odds of the Clarity Act passing tumbled to 38%. Geopolitical risks, rising rates, and regulatory setbacks pushed crypto lower as key Democrats demanded stronger safeguards in the market structure bill.

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