Bitcoin’s price slid further on Tuesday as investors weighed up the chances of lawmakers voting on the long-awaited crypto Clarity Act. 

The price of Bitcoin was recently $63,634 after sliding 2% over a 24-hour period. The cryptocurrency dropped as low as $62,784 at one point. 

Market observers now give the Clarity Act a 35% chance of getting signed into law this year on crypto betting platform Polymarket. 

While major financial institutions like Fidelity and Goldman Sachs have thrown their weight behind the new bill, some Democrats are still unhappy with it in its current form. A group of Democrats last week said in a statement that the bill in its current form falls…

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