<div id="readability-page-1">Key Takeaways The Senate moving its Clarity Act draft out of committee yesterday gave crypto stocks a short-lived boost. Shares of crypto-linked stocks including Strategy, Coinbase, and Robinhood slid, falling at least 4% as broad market indexes ticked lower and the price of bitcoin slipped below $80,000. A risk-off day is taking some of wind out o...</div>

COIN

GBTC

HOOD

<p>The Senate's advancement of the Clarity Act draft briefly boosted crypto stocks, but shares of companies like Strategy, Coinbase, and Robinhood fell by at least 4% as broader market indexes declined and Bitcoin's price dropped below $80,000.</p>

- The Senate's advancement of the Clarity Act draft provided a brief uplift for crypto stocks.  
- However, shares of companies like Strategy, Coinbase, and Robinhood subsequently dropped over 4% as market indexes fell and bitcoin's price fell below $80,000.  
- This indicates a broader risk-off sentiment impacting the cryptocurrency market.

Coinbase

Grayscale Bitcoin Trust BTC - ETF

Robinhood

VanEck Ethereum ETF

VanEck Bitcoin ETF

Amplify Transform Data Sharing ETF

ProShares Bitcoin Strategy ETF

Defiance Daily Target 2X Long HOOD ETF

Franklin Ethereum ETF

Bitwise Bitcoin ETF

Grayscale Solana Staking ETF

Strategy

MicroStrategy Pref Shares MSTR 10.0 Perp

Microstrategy Inc Pref Shares STRC 9.0 Perp

MicroStrategy Pref Shares MSTR 8.0 Perp

Crypto got a lift from Congress this week. A down day for risk assets pulled it back down.