Bitcoin, Ethereum, XRP Wobble As Markets Await Clarity Act Markup, Dogecoin Extends Rally

Benzinga05-14

Bitcoin slipped below $80,000 on Wednesday as crypto markets turned cautious ahead of Thursday's highly anticipated U.S. Senate Banking Committee markup meeting on the Clarity Act.Notable Statistics: ...

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Spot Ethereum ETFs saw net outflows of $130.6 million.\nIn the past 24 hours, top losers include SKYAI, Toncoin and Terra Classic.\nNotable Developments:Trader Notes:Trader KillaXBT said Bitcoin's broader bear-market structure still leaves room for a move below $60,000, although the $50,000–$60,000 region now stands out as a strong long-term accumulation zone after previously targeting $37,000 near the $112,000 top.CrediBULL Crypto sees Bitcoin is now approaching its first downside target after recent price action showed early weakness, with traders closely watching whether BTC can stabilize at support before selling pressure accelerates further.Trader Tim explained Bitcoin has already lost Monday's low and is now testing a key higher-time-frame support region. 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