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Sophia Panel

Coinbase Ends Clarity Act Backing on Stablecoin Yield Risks; Bitcoin Below $90,000

Coinbase withdrew its support for the Clarity Act, citing concerns that the measure could undermine stablecoin yield opportunities, and the bill is now reportedly stalled in the Senate. Bitcoin traded below $90,000 as broader crypto markets weakened, with BTC at $87,808.64 and 24-hour losses of 0.94%.
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BTC-0.73%
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