šŸ¦… BitEagle Daily Report|Sep 15 08:30

(1)Rates pushed back to the top of the market’s radar

The U.S. 10-year Treasury yield briefly rose above 5%, the highest level since 2023; the intraday peak was around 5.01%

The market is again worried that high oil prices will keep inflation elevated, so this week the Fed’s stance matters more than a single rate decision

For crypto, 5% isn’t a small number. Once risk-free returns rise, capital becomes more selective. BTC and high-volatility altcoins rely even more on incremental catalysts rather than simply liquidity lifting

(2)CLARITY vote determines whether the compliance narrative can keep moving forward

Today, the U.S. Senate will hold a procedural vote on the CLARITY Act. A 60-vote threshold is required to advance to the next stage of review

In the latest text, Republicans have added 126 amendments in an attempt to address Democrats’ concerns about conflicts of interest, stablecoins, and financial stability—but whether they can still reach the threshold remains uncertain

This isn’t a final passage vote, but it will decide whether market-structure legislation continues forward or gets stuck again. Compliance-related crypto tickers such as COIN, CRCL, and HOOD are likely to react more directly to policy expectations than ordinary altcoins

(3)Arc mainnet and on-chain U.S. stocks add two sparks to the RWA narrative

Circle’s Arc will launch its public mainnet on Sep 16. Previously, the official disclosed that more than 100 ecosystem and institutional builders have already participated in the private testnet phase, with BlackRock, Visa, Mastercard, and others in the genesis validator lineup

Arc doesn’t have a publicly tradable token. In the short term, the focus isn’t on finding an ARC token; it’s on whether USDC liquidity, the first batch of applications, and real on-chain capital can keep up

Binance yesterday listed bStocks token BNCB from CEA Industries and opened BNCB/USDT trading. Tokenization of U.S. stocks is moving from the concept stage into more trading venues. Next, we’ll watch whether trading volume and expanded token offerings can continue

(4)What to watch today

First, watch whether the 10-year Treasury yield can hold above 5%, and also see whether crude oil continues to push up inflation expectations

Second, watch the CLARITY procedural vote outcome. Whether it passes or fails will amplify volatility in the compliance-crypto narrative

Third, watch USDC data and the first batch of applications after the Arc mainnet goes live. Don’t directly equate the mainnet launch itself with a token marketč”Œęƒ…

The market’s main thread is very clear today: macro conditions are tightening valuations, while regulation and RWA are providing structural opportunities. Without news that clearly attracts capital, it’s easy for short-term divergence to emerge after good news lands