Injective Slumps 10% in 24 Hours Amid Clarity Act Vote Uncertainty

Injective (INJ) has declined by 10% over a 24-hour period. During the same timeframe, virtual asset markets witnessed more than $630 million (approximately KRW 860 billion) in liquidations. AMBCrypto reported that Injective's decline and large-scale liquidations emerged after market sentiment shifted around the Clarity Act vote. The U.S. Senate failed to secure approval for the next step in the Clarity Act process, with a 49-50 vote on procedural matters.