Bitcoin and Crypto Stocks Remain Down After Senate Fails to Advance Regulatory Bill
A representation of the cryptocurrency is seen in front of Coinbase logo in this illustration taken, March 4, 2022. REUTERS/Dado Ruvic/Illustration
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Bitcoin and crypto-related stocks remained lower on Tuesday after the U.S. Senate failed to advance comprehensive cryptocurrency legislation in a major blow for digital asset companies and Republicans who had championed the bill for months.
Coinbase and Circle Internet Group were each down about 9%.
Bitcoin was down about 4% at $75,908.
(Reporting by Noel Randewich)
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