Bitcoin slips from $80,000 peak as Senate takes up Clarity Act

Bitcoin's relentless push toward the $80,000 milestone hit a wall Tuesday as legislative friction in Washington cooled the rally. The premier digital asset pulled back 3% from an overnight high of $79,530, reacting to a looming procedural vote on the Clarity Act. While the broader market followed Bitcoin's lead into the red, XRP and zcash bucked the trend as the only major tokens holding onto gains. Traders are now glued to the Senate floor, watching how lawmakers handle the crypto market structure bill. This vote represents a critical test for regulatory certainty that the industry's been demanding for years. If the bill stumbles, the overnight rejection at $79k might turn into a much deeper correction. Will the Senate's decision provide the fuel needed to finally crack the $80,000 ceiling, or is the party over for the week?