Bitcoin Price Stabilizes Around $75,900 Following a 4% Decline in U.S. Session
Bitcoin's price dropped by approximately 4% during the U.S. trading session before stabilizing near $75,900 as of early morning London time on September 16, 2026. The decline was attributed to a failed attempt in the U.S. Senate to advance the Clarity Act—a key regulatory bill aimed at clarifying whether crypto tokens are securities or commodities—alongside heightened expectations for an upcoming Federal Reserve interest-rate hike. The broader cryptocurrency market also experienced weakness following steep declines during the same session, with investors reacting negatively to both the stalled legislation and potential monetary tightening. The U.S. inflation data had already increased traders' likelihood of a rate hike from 85%, according to CME FedWatch, which could further pressure speculative assets like Bitcoin.