Altcoins Slide as Clarity Act Fails Senate Vote
Major tokens fell harder than Bitcoin after a $570 million long wipeout, with XRP, Stellar and Bittensor leading losses.
Wed, 16 Sep 2026 12:30:50 GMT · written by the desk from live feeds
Key points
- •Bitcoin trades at $75,898, down 2.01% on 24 hours, while the total market cap fell 4.89% to $2.60T.
- •XRP dropped 7.63% to $1.30 and Stellar fell 8.34% to $0.176302, the largest 24-hour declines among major movers.
- •Bitway rose 10.58% to $0.768259 and is up 70.00% over seven days.
- •The Fear and Greed index fell to 51 (Neutral) from 69 a day earlier.
- •CoinDesk reported $570 million in crypto longs were wiped out as the Clarity Act failed.
Majors Sink Harder Than Bitcoin
Bitcoin trades at $75,898, down 2.01% over 24 hours, but the altcoin majors have taken the heavier hit. XRP sits at $1.30, off 7.63% on the day and 8.10% on the week. Stellar has fallen 8.34% to $0.176302, the steepest 24-hour decline among the largest movers. Bittensor is down 6.32% at $217.82 and 14.60% over seven days.
Ethereum stands at $2,404.17, down 3.43%, while Solana is 3.81% lower at $97.18. Chainlink and Cardano have shed 4.80% and 4.16% respectively. BNB is the most resilient of the large caps, easing 0.72% to $714.92.
Gainers Are Few and Narrow
Bitway is the standout, up 10.58% on the day at $0.768259 and 70.00% over a week, on $17.8M of volume. Zcash is one of the only top-ten names in green, adding 1.25% to $1,156.99. Gold proxies are also higher: PAX Gold at $4,331.76 and Tether Gold at $4,326.92, up 0.80% and 0.74%. MemeCore rose 1.58% to $1.11.
Several smaller caps slipped hard. Mantle fell 6.13% to $0.545031, Shiba Inu lost 5.18% to $0.00000491, and Aave eased 4.67% to $121.31.
Sentiment Cools, DeFi Steady
The broader market cap sits at $2.60T, down 4.89% in 24 hours, with Bitcoin dominance at 58.50%. The Fear and Greed index reads 51, or Neutral, down sharply from 69 a day earlier; the desk sentiment gauge matches at 51, Neutral.
DeFi's total value locked stands at $86.49B, led by Ethereum at $48.83B, followed by Solana at $5.73B, Base at $5.51B, BSC at $5.46B and Tron at $5.39B. Bitcoin chains hold $4.11B.
On the derivatives side, OKX's BTC-USDT swap shows a funding rate of 0.00% per 8 hours and open interest of $2.15B.
The regulatory backdrop dominates the tape. CoinDesk reported that crypto longs worth $570 million were wiped out as the Clarity Act failed, and the same outlet detailed the last-minute political breakdown that doomed the vote. The Block called the failed procedural Senate vote one that "stings," while CoinTelegraph reported the industry is turning to US regulators after the CLARITY setback. CoinTelegraph also reported that the US charged former Robinhood engineers over alleged pre-listing crypto trades.
Written from this data — audit every number
The exact data bank handed to the model (deepseek / deepseek-flash) at 2026-09-16T12:30:50.404Z. The model may use nothing else. Sources: CoinGecko, Alternative.me, DeFiLlama, mempool.space, OKX, and the RSS headlines listed.
{
"bitcoin": {
"symbol": "BTC",
"name": "Bitcoin",
"price_usd": 75898,
"change_1h_pct": 0,
"change_24h_pct": -2.01,
"change_7d_pct": -3.6,
"market_cap_usd": 1524263508278,
"volume_24h_usd": 39352553151,
"high_24h_usd": 77703,
"low_24h_usd": 75038,
"ath_usd": 126080,
"from_ath_pct": -39.8
},
"btc_from_history": {
"hours": 72,
"from_usd": 77297,
"to_usd": 75898,
"change_pct": -1.81,
"high_usd": 77548,
"low_usd": 75898
},
"global": {
"total_market_cap_usd": 2600386527248,
"total_volume_24h_usd": 105278938309,
"btc_dominance_pct": 58.5,
"market_cap_change_24h_pct": -4.89
},
"top_10": [
{
"symbol": "BTC",
"name": "Bitcoin",
"price_usd": 75898,
"change_1h_pct": 0,
"change_24h_pct": -2.01,
"change_7d_pct": -3.6,
"market_cap_usd": 1524263508278,
"volume_24h_usd": 39352553151
},
{
"symbol": "ETH",
"name": "Ethereum",
"price_usd": 2404.17,
"change_1h_pct": 0.1,
"change_24h_pct": -3.43,
"change_7d_pct": -3.4,
"market_cap_usd": 293428088887,
"volume_24h_usd": 18862257508
},
{
"symbol": "USDT",
"name": "Tether",
"price_usd": 0.999434,
"change_1h_pct": 0,
"change_24h_pct": -0.04,
"change_7d_pct": 0,
"market_cap_usd": 183338368216,
"volume_24h_usd": 68339721264
},
{
"symbol": "BNB",
"name": "BNB",
"price_usd": 714.92,
"change_1h_pct": 0.2,
"change_24h_pct": -0.72,
"change_7d_pct": -4.6,
"market_cap_usd": 95212168791,
"volume_24h_usd": 963869165
},
{
"symbol": "XRP",
"name": "XRP",
"price_usd": 1.3,
"change_1h_pct": 0.4,
"change_24h_pct": -7.63,
"change_7d_pct": -8.1,
"market_cap_usd": 81636014671,
"volume_24h_usd": 5945802936
},
{
"symbol": "USDC",
"name": "USDC",
"price_usd": 0.999749,
"change_1h_pct": 0,
"change_24h_pct": -0.01,
"change_7d_pct": 0,
"market_cap_usd": 73702156839,
"volume_24h_usd": 20323234745
},
{
"symbol": "SOL",
"name": "Solana",
"price_usd": 97.18,
"change_1h_pct": 0.1,
"change_24h_pct": -3.81,
"change_7d_pct": -5.9,
"market_cap_usd": 57050379571,
"volume_24h_usd": 3943981481
},
{
"symbol": "TRX",
"name": "TRON",
"price_usd": 0.334366,
"change_1h_pct": 0.3,
"change_24h_pct": -0.96,
"change_7d_pct": -1.5,
"market_cap_usd": 31752259781,
"volume_24h_usd": 488141515
},
{
"symbol": "FIGR_HELOC",
"name": "Figure Heloc",
"price_usd": 1.003,
"change_1h_pct": 0,
"change_24h_pct": -2.44,
"change_7d_pct": -3.1,
"market_cap_usd": 22693682852,
"volume_24h_usd": 785170790
},
{
"symbol": "ZEC",
"name": "Zcash",
"price_usd": 1156.99,
"change_1h_pct": 1.7,
"change_24h_pct": 1.25,
"change_7d_pct": -3.2,
"market_cap_usd": 19597115043,
"volume_24h_usd": 1053080669
}
],
"top_gainers_24h": [
{
"symbol": "BTW",
"name": "Bitway",
"price_usd": 0.768259,
"change_1h_pct": 7.8,
"change_24h_pct": 10.58,
"change_7d_pct": 70,
"market_cap_usd": 2080987863,
"volume_24h_usd": 17791891
},
{
"symbol": "M",
"name": "MemeCore",
"price_usd": 1.11,
"change_1h_pct": -0.2,
"change_24h_pct": 1.58,
"change_7d_pct": -5.3,
"market_cap_usd": 2518989744,
"volume_24h_usd": 2354250
},
{
"symbol": "ZEC",
"name": "Zcash",
"price_usd": 1156.99,
"change_1h_pct": 1.7,
"change_24h_pct": 1.25,
"change_7d_pct": -3.2,
"market_cap_usd": 19597115043,
"volume_24h_usd": 1053080669
},
{
"symbol": "PAXG",
"name": "PAX Gold",
"price_usd": 4331.76,
"change_1h_pct": -0.1,
"change_24h_pct": 0.8,
"change_7d_pct": -1.2,
"market_cap_usd": 1882167212,
"volume_24h_usd": 176968001
},
{
"symbol": "XAUT",
"name": "Tether Gold",
"price_usd": 4326.92,
"change_1h_pct": -0.1,
"change_24h_pct": 0.74,
"change_7d_pct": -1.3,
"market_cap_usd": 2695069563,
"volume_24h_usd": 159768184
},
{
"symbol": "RAIN",
"name": "Rain",
"price_usd": 0.01401254,
"change_1h_pct": 0.1,
"change_24h_pct": 0.11,
"change_7d_pct": -12.3,
"market_cap_usd": 9937752048,
"volume_24h_usd": 18506873
},
{
"symbol": "RLUSD",
"name": "Ripple USD",
"price_usd": 1,
"change_1h_pct": 0,
"change_24h_pct": 0.02,
"change_7d_pct": 0,
"market_cap_usd": 2345056173,
"volume_24h_usd": 364393253
},
{
"symbol": "USYC",
"name": "Circle USYC",
"price_usd": 1.14,
"change_1h_pct": 0,
"change_24h_pct": 0.01,
"change_7d_pct": 0.1,
"market_cap_usd": 2605983780,
"volume_24h_usd": 0
}
],
"top_losers_24h": [
{
"symbol": "XLM",
"name": "Stellar",
"price_usd": 0.176302,
"change_1h_pct": 0,
"change_24h_pct": -8.34,
"change_7d_pct": -5.4,
"market_cap_usd": 6142983583,
"volume_24h_usd": 426493672
},
{
"symbol": "XRP",
"name": "XRP",
"price_usd": 1.3,
"change_1h_pct": 0.4,
"change_24h_pct": -7.63,
"change_7d_pct": -8.1,
"market_cap_usd": 81636014671,
"volume_24h_usd": 5945802936
},
{
"symbol": "TAO",
"name": "Bittensor",
"price_usd": 217.82,
"change_1h_pct": -0.3,
"change_24h_pct": -6.32,
"change_7d_pct": -14.6,
"market_cap_usd": 2469005331,
"volume_24h_usd": 176909774
},
{
"symbol": "MNT",
"name": "Mantle",
"price_usd": 0.545031,
"change_1h_pct": 0,
"change_24h_pct": -6.13,
"change_7d_pct": -13.4,
"market_cap_usd": 1799686581,
"volume_24h_usd": 25623974
},
{
"symbol": "SHIB",
"name": "Shiba Inu",
"price_usd": 0.00000491,
"change_1h_pct": 0,
"change_24h_pct": -5.18,
"change_7d_pct": -8.3,
"market_cap_usd": 2895166611,
"volume_24h_usd": 84099980
},
{
"symbol": "LINK",
"name": "Chainlink",
"price_usd": 10.89,
"change_1h_pct": 0.2,
"change_24h_pct": -4.8,
"change_7d_pct": -12.5,
"market_cap_usd": 8145095147,
"volume_24h_usd": 436291477
},
{
"symbol": "AAVE",
"name": "Aave",
"price_usd": 121.31,
"change_1h_pct": 0.8,
"change_24h_pct": -4.67,
"change_7d_pct": -5.5,
"market_cap_usd": 1871148344,
"volume_24h_usd": 256704468
},
{
"symbol": "ADA",
"name": "Cardano",
"price_usd": 0.195883,
"change_1h_pct": 0.5,
"change_24h_pct": -4.16,
"change_7d_pct": -9.6,
"market_cap_usd": 7349802939,
"volume_24h_usd": 466627091
}
],
"biggest_moves_24h": [
{
"symbol": "BTW",
"name": "Bitway",
"price_usd": 0.768259,
"change_1h_pct": 7.8,
"change_24h_pct": 10.58,
"change_7d_pct": 70,
"market_cap_usd": 2080987863,
"volume_24h_usd": 17791891
},
{
"symbol": "XLM",
"name": "Stellar",
"price_usd": 0.176302,
"change_1h_pct": 0,
"change_24h_pct": -8.34,
"change_7d_pct": -5.4,
"market_cap_usd": 6142983583,
"volume_24h_usd": 426493672
},
{
"symbol": "XRP",
"name": "XRP",
"price_usd": 1.3,
"change_1h_pct": 0.4,
"change_24h_pct": -7.63,
"change_7d_pct": -8.1,
"market_cap_usd": 81636014671,
"volume_24h_usd": 5945802936
},
{
"symbol": "TAO",
"name": "Bittensor",
"price_usd": 217.82,
"change_1h_pct": -0.3,
"change_24h_pct": -6.32,
"change_7d_pct": -14.6,
"market_cap_usd": 2469005331,
"volume_24h_usd": 176909774
},
{
"symbol": "MNT",
"name": "Mantle",
"price_usd": 0.545031,
"change_1h_pct": 0,
"change_24h_pct": -6.13,
"change_7d_pct": -13.4,
"market_cap_usd": 1799686581,
"volume_24h_usd": 25623974
},
{
"symbol": "SHIB",
"name": "Shiba Inu",
"price_usd": 0.00000491,
"change_1h_pct": 0,
"change_24h_pct": -5.18,
"change_7d_pct": -8.3,
"market_cap_usd": 2895166611,
"volume_24h_usd": 84099980
},
{
"symbol": "LINK",
"name": "Chainlink",
"price_usd": 10.89,
"change_1h_pct": 0.2,
"change_24h_pct": -4.8,
"change_7d_pct": -12.5,
"market_cap_usd": 8145095147,
"volume_24h_usd": 436291477
},
{
"symbol": "AAVE",
"name": "Aave",
"price_usd": 121.31,
"change_1h_pct": 0.8,
"change_24h_pct": -4.67,
"change_7d_pct": -5.5,
"market_cap_usd": 1871148344,
"volume_24h_usd": 256704468
}
],
"fear_greed": {
"today": 51,
"label": "Neutral",
"yesterday": 69
},
"desk_sentiment": {
"value": 51,
"label": "Neutral"
},
"defi": {
"total_tvl": 86493107740,
"top_chains": [
{
"name": "Ethereum",
"tvl": 48833726755
},
{
"name": "Solana",
"tvl": 5725616406
},
{
"name": "Base",
"tvl": 5506665982
},
{
"name": "BSC",
"tvl": 5455947746
},
{
"name": "Tron",
"tvl": 5388495095
},
{
"name": "Bitcoin",
"tvl": 4107740643
},
{
"name": "Arbitrum",
"tvl": 1372046540
},
{
"name": "Hyperliquid L1",
"tvl": 1277623551
}
]
},
"derivatives": {
"funding_rate": 1.974625297e-7,
"funding_rate_pct_8h": 0,
"next_funding_at": 1789574400000,
"open_interest_usd": 2145722651,
"venue": "OKX BTC-USDT-SWAP"
},
"headlines": [
{
"title": "US charges ex-Robinhood engineers over alleged pre-listing crypto trades",
"source": "CoinTelegraph",
"published_at": "2026-09-16T04:48:20.000Z"
},
{
"title": "Crypto longs worth $570 million wiped out as Clarity Act fails",
"source": "CoinDesk",
"published_at": "2026-09-16T04:07:27.000Z"
},
{
"title": "Crypto industry turns to US regulators after CLARITY setback",
"source": "CoinTelegraph",
"published_at": "2026-09-16T02:24:07.000Z"
},
{
"title": "Inside the last-minute political breakdown that doomed the Clarity Act vote",
"source": "CoinDesk",
"published_at": "2026-09-15T21:58:48.000Z"
},
{
"title": "‘This one stings’: Clarity Act fails procedural Senate vote — is crypto’s biggest regulatory push dead?",
"source": "The Block",
"published_at": "2026-09-15T21:24:18.000Z"
}
],
"data_as_of": "2026-09-16T05:45:35.250Z"
}This is automated market commentary generated from public data feeds. It is not financial advice. Cryptocurrency markets are volatile — do your own research and never invest more than you can afford to lose.