The US Senate failed to advance the Digital Asset Market Clarity Act after falling short of the 60 votes needed to overcome a key procedural hurdle. More than 40 senators voted against advancing the legislation, which Republicans had revised with 126 substantive changes aimed at securing Democratic support. Crypto markets moved lower following the vote, with Bitcoin slipping toward $76,000, Ether falling below $2,400, Solana dropping below $97 and XRP toward $1.31. The failed procedural vote likely ends the Senate’s market structure push for 2026. The crypto industry now faces another period without a comprehensive federal framework governing digital asset markets.
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