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PropInsider Radar Events Bitcoin Resilient After Fed Hike and CLARITY Act Setback
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Bitcoin Resilient After Fed Hike and CLARITY Act Setback

Analysis Summary

Last week, Bitcoin shrugged off a 25bps Fed rate hike and the US Senate's failure to advance the CLARITY Act, recovering from a drop below $76,000 to trade above $80,000. The rebound suggests that macro drivers alone no longer dictate Bitcoin’s price, amid growing crypto-specific forces like ETF flows and institutional positioning. Traders now watch the key $82,000 resistance level for signals on potential further upside. Click below to learn more about bitcoin

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