Bitcoin dips to $77,800 ahead of Senate Clarity Act vote amid rising oil prices

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Bitcoin retreated to $77,800 after briefly touching $79,000, as market attention turns to an upcoming U.S. Senate vote on the Clarity Act. The legislation is expected to provide regulatory guidance for the cryptocurrency sector. Simultaneously, rising oil prices have added to broader market uncertainty. The combination of legislative developments and macroeconomic pressures appears to be weighing on Bitcoin's short-term price movement.

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