$BTC - Market reaction to policy shifts remains decoupled from initial expectations.
The CLARITY Act failed in the Senate on 15 September.
The Federal Reserve increased rates to a range of 3.75 to 4.00 percent on 16 September.
Bitcoin dipped below 75,000 USDT before climbing above 87,000 USDT one week later.
According to analysis from PrimeXBT, the asset demonstrated an ability to recover quickly despite a challenging legislative and interest rate environment. It remains unclear if this historical pattern of ignoring tightening measures will hold if bond market volatility intensifies.
#Bitcoin #BTC
The CLARITY Act failed in the Senate on 15 September.
The Federal Reserve increased rates to a range of 3.75 to 4.00 percent on 16 September.
Bitcoin dipped below 75,000 USDT before climbing above 87,000 USDT one week later.
According to analysis from PrimeXBT, the asset demonstrated an ability to recover quickly despite a challenging legislative and interest rate environment. It remains unclear if this historical pattern of ignoring tightening measures will hold if bond market volatility intensifies.
#Bitcoin #BTC
