The U.S. Senate voted 50-49 to put the Clarity Act on hold, failing to reach the 60-vote threshold and leaving the crypto sector without clear regulation.

Senate Republicans have unveiled a heavily revised draft of the Clarity Act, featuring stricter ethics rules and Trump's backing ahead of a high-stakes cloture vote.

Bitcoin crossed the $70,000 threshold, reaching up to $72,000 following President Donald Trump's public push for the Clarity Act digital asset regulatory bill.