Bitcoin dipped 2% after the U.S. market closed, echoing broader declines in Asian markets like South Korea’s Kospi — a sign of rising economic caution. The drop stems partly from the U.S. Senate delaying a vote on the CLARITY Act, a key bill that could bring crypto regulatory clarity, pushing decisions until after an August recess. Without that structure, institutional investment stalls. Meanwhile, tech-heavy market selloffs in South Korea amplify investor unease. This week’s volatility is set to intensify with the Fed’s interest rate decision and key economic data — a wild ride ahead for crypto and traditional markets alike.
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