Why are BTC and ETH falling today? Crypto prices drop after CLARITY Act setback and ahead of US Fed meeting today
India, Sept. 16 -- Bitcoin and Ethereum prices fell sharply on Wednesday, September 16, 2026, as the crypto market reacted to the failure of the US CLARITY Act in the Senate and waited for the Federal Reserve's interest-rate decision later in the day.
Bitcoin opened at $75,586.51 on Wednesday, down 3.3% from Tuesday's opening price. By 7:12 a.m. ET, Bitcoin had recovered slightly to $75,885.53, according to Yahoo Finance.
Ethereum also opened lower at $2,397.64, falling 4.6% from Tuesday's opening price. Ethereum later moved up slightly to $2,404.43.
The two biggest cryptocurrencies were still significantly lower than at the same time on Tuesday. The decline came as investors reacted to a setback for US crypto regulation and prepared f...
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