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Bitcoin drops 2.7% as South Korea's Kospi plunges 10%, U.S. Senate delays crypto regulation vote.

Market News
28 Jul 2026, 07:32 WIB
Coindesk
View Source
Bearish
Bitcoin drops 2.7% as South Korea's Kospi plunges 10%, U.S. Senate delays crypto regulation vote.

Bitcoin fell about 2.7% to around $63,200 following the U.S. market close, dragged down by a sharp 10% drop in South Korea's Kospi index, which hit its lowest since April. The U.S. Senate postponed a vote on the CLARITY Act, delaying crypto regulatory clarity and institutional investment prospects. Analysts expect increased volatility ahead of the Federal Reserve's rate decision and key U.S. economic data later this week, which could impact both crypto and equity markets.

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