Bitcoin and crypto stocks declined as hopes for the Clarity Act's passage faded following a Democratic counteroffer. BTC dropped to $76.6K, while Ethereum fell 3.9%. The probability of the bill becoming law before Jan 1, 2027, slid to 13%. Major sticking points include ethics restrictions and interest payments on stablecoins. Additionally, investors remain wary ahead of the Federal Reserve's expected rate hike, impacting crypto-related equities like Coinbase and Circle.