Bitcoin slips as Clarity Act odds fade: Crypto Markets Today

The U.S. Department of Justice filed a civil forfeiture complaint against $61 million in cryptocurrency proceeds linked to Iran's black-market oil sales, alleging funds support the Islamic Revolutionary Guard Corps. The DOJ claims Iran uses cryptocurrencies like Bitcoin (BTC) to evade sanctions and identified a $1.5 billion network moving oil money through crypto wallets. The DOJ also accused Chinese firms and Binance of facilitating these transactions, which Binance denies.

Bitcoin (BTC) rose to $78,600 after US CPI data met expectations, but faces uncertainty ahead of the Fed's rate decision and the CLARITY Act vote. Technical analysis shows $78,000 as a key support level. According to Glassnode, resistance lies between $82,500 and $85,500. The Fed is expected to raise rates by 0.25%, with an 88% probability according to CME Group's FedWatch Tool.

Bitcoin (BTC) is near $77,000, with recent ETF outflows and regulatory uncertainty. The CLARITY Act vote may impact crypto prices, with a failed vote potentially causing a 10-25% drop. Ethereum (ETH) is flat despite ETF inflows, while XRP (XRP) shows unique flow dynamics. Solana (SOL) is testing $100 support, and Zcash (ZEC) is up 119% year-to-date due to ETF launch.

Bitcoin (BTC) faced three security breaches in seven days, including a $320M drain from Liquid's sidechain, a fake token exploit on Symbiosis, and a phishing attack on Revolut. iShares Bitcoin Trust (IBIT) and spot Bitcoin ETFs were unaffected, highlighting custodian risk as the primary concern for shareholders.

Bitcoin rose sharply as prediction markets increased the odds of the CLARITY Act passing to 30%, up from 12% earlier in September. The Senate is set to vote on the bill on Tuesday, September 15, 2026. The bill includes changes to address stablecoin rewards and ethics restrictions. Analysts remain cautious about its passage, with TD Cowen maintaining a 25% chance.

US spot Bitcoin ETFs saw $462.7M outflows from Sept 8-11, ending a 3-week inflow streak. ARKB and GBTC had the largest redemptions, while Morgan Stanley's fund saw inflows. Ether ETFs gained $196.9M, led by ETHA. Bitcoin's price remains near $77,900 ahead of the Fed's rate decision.