Bitcoin fell 4 percent to $64,721.39, extending a broad digital asset selloff marked by fund withdrawals and leveraged liquidations.
JPMorgan CEO Jamie Dimon challenged the CLARITY Act over stablecoin rewards, sharpening a US debate in Congress on crypto market regulation.
THORChain faced a major cross-chain security incident after a compromised vault led to a halt in trading and protocol-owned crypto losses.
Crypto stocks advanced as Circle surged and bitcoin topped $80,000 intraday, while Senate progress on the CLARITY Act improved investor mood.