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Ethereum price drops 3.5% after rally stalls below $2,000 amid weak support for CLARITY Act.

Market News
17 Jul 2026
Crypto news
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Bearish
Ethereum price drops 3.5% after rally stalls below $2,000 amid weak support for CLARITY Act.

Ethereum's price fell 3.5% to around $1,820 after failing to break the $2,000 resistance, impacted by weak Democratic support for the CLARITY Act and over $400 million in leveraged crypto liquidations. The bill's uncertain passage and rising U.S. Treasury yields have dampened investor sentiment, increasing the risk of further losses if ETH falls below $1,800. To regain momentum, Ethereum must reclaim $1,875 and clear resistance near $1,940–$1,952 before challenging $2,000 again. Continued ETF outflows and macroeconomic pressures could keep prices subdued.

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