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Bitcoin holds at $77,400 ahead of Congress vote
Bitcoin traded steadily around $77,400, as the US Senate awaits a vote on the "Clearance Act," which aims to regulate cryptocurrencies and requires 60 votes for approval. The anticipation and the possibility of increased interest rates by the Federal Reserve led to a decline in most other cryptocurrencies. Additionally, US Treasury bond yields reached levels not seen in nearly two decades. Reports confirmed that former US President Donald Trump agreed to an ethics clause in the law, aimed at halting trading based on insider information from federal officials.
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