$BTC
BTC, when the Fed’s rate hikes hit the Clarity Act and it didn’t pass—according to this script, the market should have been sent into a panic, clutching at its head and running. Instead, Bitcoin stubbornly climbed more than 5%, breaking straight through the $80,000 mark.
After two straight days of outflows, BTC ETF funds have also caught on, turning around to pull in roughly $160 million again. The market’s ability to withstand pressure is definitely something. Now it remains to be seen whether this time the $80K level is a real breakout—or whether the weekend will bring another round of chop and shakeouts.
BTC, when the Fed’s rate hikes hit the Clarity Act and it didn’t pass—according to this script, the market should have been sent into a panic, clutching at its head and running. Instead, Bitcoin stubbornly climbed more than 5%, breaking straight through the $80,000 mark.
After two straight days of outflows, BTC ETF funds have also caught on, turning around to pull in roughly $160 million again. The market’s ability to withstand pressure is definitely something. Now it remains to be seen whether this time the $80K level is a real breakout—or whether the weekend will bring another round of chop and shakeouts.
