Sept 15th and 16th will be very crucial for crypto👀.
here is the why :
1 .Cloture vote on Clarity act ( today).
2.FOMC meeting on 16th ( tomorrow ).
chances of passing of clarity is relatively high in compared to fed rate cut .
In US senate republicans holds 53 seats
they needed at least 7 Democrats or Independents to cross party lines to reach the mandatory 60-vote.
but passing of the bill is still 50-50 .
If cloture fails, the bill is effectively dead for 2026,as Congress only has about three weeks left on the legislative calendar before adjourning for midterm election campaigns.
If it fails, the SEC and CFTC have already signaled they will move ahead with creating their own standalone agency frameworks to regulate the industry instead.
But about FOMC meeting ....
Probability of Fed rate hike by 25 basis point is high
Here is the few catalyst for this assumption.
1.
The Data: The August Nonfarm Payrolls report released earlier this month showed the U.S. economy added 162,000 jobs, obliterating consensus forecasts of just 55,000.
The Impact: A booming labor market means consumers still have money to spend.
If the Fed cuts rates or does nothing,
a hot job market can easily reignite inflation.
Rising Inflation
The Federal Reserve's primary mandate is to bring inflation down to its steady 2.0% target.
but current inflation rate is 3.4% (CPI Data)
3. A Highly Hawkish Fed Chair
Under Federal Reserve Chairman Kevin Warsh, the central bank has adopted a notably strict, anti inflation stance.
.
scenario ;
suppose if cloture vote goes in favour of clarity act or republican manage to get 60 vote
and fed rate hikes .
We may face a shorterm liquidity drain but in long term it will be bullish for crypto .
BUT if republican unable to secure 60 votes and fed rate hikes 25 basis points
this will be nightmare for crypto for real .😬
I Hope we get some positive news only 🤞🤞
$BTC $ETH $SOL
here is the why :
1 .Cloture vote on Clarity act ( today).
2.FOMC meeting on 16th ( tomorrow ).
chances of passing of clarity is relatively high in compared to fed rate cut .
In US senate republicans holds 53 seats
they needed at least 7 Democrats or Independents to cross party lines to reach the mandatory 60-vote.
but passing of the bill is still 50-50 .
If cloture fails, the bill is effectively dead for 2026,as Congress only has about three weeks left on the legislative calendar before adjourning for midterm election campaigns.
If it fails, the SEC and CFTC have already signaled they will move ahead with creating their own standalone agency frameworks to regulate the industry instead.
But about FOMC meeting ....
Probability of Fed rate hike by 25 basis point is high
Here is the few catalyst for this assumption.
1.
The Data: The August Nonfarm Payrolls report released earlier this month showed the U.S. economy added 162,000 jobs, obliterating consensus forecasts of just 55,000.
The Impact: A booming labor market means consumers still have money to spend.
If the Fed cuts rates or does nothing,
a hot job market can easily reignite inflation.
Rising Inflation
The Federal Reserve's primary mandate is to bring inflation down to its steady 2.0% target.
but current inflation rate is 3.4% (CPI Data)
3. A Highly Hawkish Fed Chair
Under Federal Reserve Chairman Kevin Warsh, the central bank has adopted a notably strict, anti inflation stance.
.
scenario ;
suppose if cloture vote goes in favour of clarity act or republican manage to get 60 vote
and fed rate hikes .
We may face a shorterm liquidity drain but in long term it will be bullish for crypto .
BUT if republican unable to secure 60 votes and fed rate hikes 25 basis points
this will be nightmare for crypto for real .😬
I Hope we get some positive news only 🤞🤞
$BTC $ETH $SOL
