$BTC keep $76,000 despite getting hit by a double shock from policy in a single week.
The U.S. Senate failed to reach 60 votes to pass the CLARITY Act, the regulatory framework that determines which coins are governed by the SEC or the CFTC, and did not take an official vote on September 15. Immediately after, the Fed raised interest rates by an additional 0.25 percentage point on September 17, confirming that the tightening cycle is still ongoing.
These two pieces of news should have been enough for the market to sell hard—unclear regulatory footing plus higher costs of capital. But $BTC only dipped slightly below $76,000 and held the level, liquidating overnight about $260 million—more of a shakeout than a crash.
At the same time, the SEC opened another door: a five-year exemption for U.S. stock trading platforms in tokenized form, even while the CLARITY Act is still pending. Crypto regulation in the U.S. is moving in two directions at once—one side tightening rules on who manages which coins, the other opening the door for tokenized stock.
What to watch next: whether the bill returns to the Senate or is pushed to 2027, and whether institutional money flows into newly launched tokenized stock exchanges.
Not investment advice. DYOR.
#BTC #Fed #ClarityAct #SEC #Crypto
The U.S. Senate failed to reach 60 votes to pass the CLARITY Act, the regulatory framework that determines which coins are governed by the SEC or the CFTC, and did not take an official vote on September 15. Immediately after, the Fed raised interest rates by an additional 0.25 percentage point on September 17, confirming that the tightening cycle is still ongoing.
These two pieces of news should have been enough for the market to sell hard—unclear regulatory footing plus higher costs of capital. But $BTC only dipped slightly below $76,000 and held the level, liquidating overnight about $260 million—more of a shakeout than a crash.
At the same time, the SEC opened another door: a five-year exemption for U.S. stock trading platforms in tokenized form, even while the CLARITY Act is still pending. Crypto regulation in the U.S. is moving in two directions at once—one side tightening rules on who manages which coins, the other opening the door for tokenized stock.
What to watch next: whether the bill returns to the Senate or is pushed to 2027, and whether institutional money flows into newly launched tokenized stock exchanges.
Not investment advice. DYOR.
#BTC #Fed #ClarityAct #SEC #Crypto
