BitGo says Bitcoin absorbed Fed hike, CLARITY failure
U.S. spot Bitcoin ETFs drew $999 million in one day, helping the cryptocurrency reclaim its 50-week moving average after two expected policy setbacks.
10 Articles
10 Articles
BitGo says Bitcoin absorbed Fed hike, CLARITY failure
BitGo says Bitcoin absorbed a Fed rate hike and failed CLARITY vote before rebounding above $86,000 as ETF demand returned.
Bitcoin Cleared $85,000 a Week After the CLARITY Act Died and the Fed Hiked. How High Can It Go?
The post Bitcoin Cleared $85,000 a Week After the CLARITY Act Died and the Fed Hiked. How High Can It Go? appeared first on 24/7 Wall St..The Bitcoin (CRYPTO:BTC) price hovers at $86,291 after surging about 14% from its September 15 close of $75,584, the day the Senate voted down the CLARITY Act. Just a day later, the Federal Reserve raised interest rates, but rather than ending Bitcoin’s rally, these events marked a low point that Bitcoin quic…
The Fed raised interest rates for the first time since 2023: to the 3.75%-4.00% range. Bitcoin (BTC) is around $84,000; Berkshire's $359.2 billion cash injection boosted interest rates…
Bitcoin (BTC) Reclaimed $86,000 Despite Rate Hike, Clarity Act Setback
Bitcoin reclaimed $86,000 after absorbing the Federal Reserve’s rate hike and a Senate setback for the CLARITY Act, with ETF demand and short covering supporting the rebound.
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