Clarity Act Vote Fails as Democrats Unanimously Oppose

The partisan split, not the failed vote itself, is the real signal: a market-structure bill losing unanimous opposition from one party suggests the legislative path remains defined by party lines rather than industry consensus. The broad selloff across majors, alts and memes indicates positioning had been leaning toward some progress, even with low odds. What matters next is whether this stays a stalled bill or becomes a template for how crypto legislation is negotiated — and whether the sector's US regulatory overhang simply extends.