The crypto market is having a rough day, and Bitcoin slipping below $77,000 is a big part of it. BTC traded around $76,776 over the past 24 hours, down 0.70%. The broader crypto market did even worse, falling 1.06%. A combination of rising expectations for a Federal Reserve rate hike, ETF outflows, and uncertainty surrounding the upcoming CLARITY Act vote has traders moving cautiously. With several major events approaching, many investors are choosing to reduce risk instead of adding exposure.