Bitcoin Shrugs Off Fed Hike and Clarity Act Defeat, but Analysts Split on What Comes Next - CryptoGazette
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6 Articles
Michael Saylor said the 49-50 Senate defeat of the Clarity Act benefited Bitcoin; the SEC and CFTC’s rule-making process and stablecoins with legislation…
ARB Price Signals Spur Speculation of 70x Upside in Hodler Digest
After a year of legislative momentum, the US Senate failed to advance the Digital Asset Market Clarity (CLARITY) Act when a cloture motion fell short. The proposal—intended to clarify parts of US crypto market structure—needed 60 votes to proceed and instead received 49 in favor and 50 against, effectively stalling the bill for the current [...]
According to ChainCatcher, renowned trader Killa stated that the "Everything is Priced In" chart records major catalysts in various Bitcoin cycles and their subsequent price performance. He believes that during bear markets, negative news typically drives BTC further down, leading traders to develop a habit of "shorting on bad news." However, when higher time-cycle trends reverse, the same news may only cause temporary panic, with Bitcoin subseq…
Why is Bitcoin suddenly above $80,000 again? Hardly anyone had reckoned with it.The week delivered three messages that should have caused the market to crash: a Fed interest rate hike, a Bank of Japan interest rate hike, and a failed crypto law. The Clarity Act stuck in the Senate, Bitcoin slipped to $75,000. Then the market turned in exactly the other direction.On Friday morning, $Bitcoin took back the $80,000 mark and increased more than five …
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