🚨 BTC just went, After the first test round — and ahead there are still 2 big gates

The crypto market has just taken a hit from U.S. policy.

🇺🇸 The CLARITY Act failed to clear the Senate, as the vote only reached 50–49, below the 60-vote threshold needed to continue the process. This doesn’t necessarily mean everything is over, but clearly the legal road ahead will be more difficult. (Reuters)

And even more notable:

BTC is no longer just trading by chart.

In the short term, the market has to deal with two extremely large variables at the same time.

🏦 1. FED — NOT JUST LOOKING AT THE RATE DECISION

The market is currently heavily tilted toward the possibility that the Fed will raise interest rates by 25 basis points at the September meeting, to the 3.75%–4.00% range. (Investing.com)

But with BTC, the story may not be about whether it’s “going up or not going up.”

Which is:

👉 WHAT WILL WARSH SAY AFTER THAT?

If the signal shows this is only a one-off policy adjustment, the market’s reaction could be completely different from the scenario where the Fed signals further tightening.

On the other hand, if the market starts pricing in multiple more rate hikes → liquidity could continue to face pressure.

And when liquidity is tightened:

Cryptocurrency is not usually prioritized.

₿ 2. BITCOIN STRATEGIC RESERVE — WHAT’S NEXT THEN?

After the CLARITY Act miss, all attention continues to shift to actions related to the Strategic Bitcoin Reserve (SBR).

If the process gets another step forward → it could support the narrative about the level of acceptance of Bitcoin in U.S. policy.

If this stagnation continues → the market will have to absorb another unfavorable policy signal.

⚠️ So today, don’t just look at each BTC candle.

Take a look:

FED → WARSH → INTEREST RATES → LIQUIDITY → BTC

CLARITY has become a test.

The Fed is the next test.

And on days like this, the most dangerous thing isn’t volatility…

but rather believing that it already knows how the market will react.

#BTC in #crypto #FedRateWatch #CLARITYAct #StrategicBitcoinReserve