MONETUM INTELLIGENCE | MIDDAY UPDATE
*Wednesday 16 September 2026 13:17 UTC*
The London session delivered a clean breakdown across the crypto complex, with Bitcoin sliding through its 200-day moving average at $75,861 and printing a session low in the $75,800 region after the Clarity Act failed to clear a Senate procedural vote. The legislative setback removed a near-term regulatory catalyst that had been partially priced in, triggering immediate spot selling and amplifying downside momentum. ETH followed without independent strength, tagging $2,403 as the altcoin complex broadly repriced lower in sympathy. XRP bore the sharpest damage, shedding over 11% from its 24-hour high of $1.44 — the clearest sign of leveraged long liquidations cascading through the majors.