🚨 WHY BITCOIN ($BTC) CRASHED TODAY 😱

Bitcoin saw one of its most volatile days in weeks.

The rally started after the Senate Banking Committee moved forward with the CLARITY Act, triggering a wave of bullish momentum. BTC surged nearly $2,750, briefly touching $82,000 and adding around $55B to the crypto market.

But the hype didn’t last long.

As soon as the CLARITY Act officially advanced to a full Senate vote, traders began taking profits — turning the move into a classic “sell the news” event.

Bitcoin slowly erased gains and slipped back toward $78K within hours.

Then came another major shock.

Trump confirmed there were NO tariff discussions during the China summit, despite market expectations for progress or a possible deal.

That instantly flipped market sentiment.

US equities sold off, risk assets got crushed, and crypto followed fast. Bitcoin dropped another $2,000 in just 2 hours as liquidations and panic selling accelerated.

By the end of the day, the entire $55B rally was wiped out.

📉 Main reasons behind the dump:

• Profit-taking after the CLARITY Act news

• Market disappointment over the China summit and tariff expectations

A perfect reminder that crypto moves fast when hype, news, and expectations collide.