Crypto
Bitcoin and ETH Decline: South Korea Stocks Tumble, U.S. Senate Delays Crypto Clarity Act
724FinanceBerk Arıcan

Bitcoin (BTC) has dipped 0.53% to $63,788.03, as South Korea's stock markets face a crisis in the chip sector. The Kospi index dropped 11%, sending shockwaves through global risk assets. The U.S. Senate shelved the Crypto Clarity Act, prioritizing Russia sanctions and federal nominations. The bill's fate remains uncertain for the year. Ether (ETH) fell 0.56%, failing to breach the $2,000 psychological level. The Fed's interest rate decision and Senate floor time will dominate market expectations this week. Binance retained 55% of user funds and 24% of spot trading, while the tracked market saw net outflows. How will this impact global markets?