News Summary

• BTC has fallen to $63,200 from nearly $65,000, a 2.7% decline.
• The drop ends the brief resilience the market showed earlier Monday as shares in NVDA tanked on Wall Street.
• The Senate has shelved the CLARITY Act to prioritize a Russia sanctions bill, making a vote on the much-awaited legislation unlikely before next week.
• South Korea’s Kospi index fell 10% to its lowest level since mid-April.
• The index has now dropped 25% from its mid-June peak.