BTC next move may depend more on U.S. interest rates and liquidity than the stalled CLARITY Act, according to market analyst Sun.
đŠ Fed rate: 3.75%â4.00%
đ 10-year Treasury yield: 5.20% on Sept. 24
đ„ September PMI: Rose to 58.4
đ° #BTCè”°ćżćæ ETF flows: Recent inflows supported the rally toward $87K
A potential October rate hike could pressure risk assets, while sustained ETF demand may provide support.
Meanwhile, the CLARITY Act's failed procedural vote leaves crypto market-structure rules unresolved.
Will Fed policy decide Bitcoin's next move, or can ETF demand keep the rally alive?
#macroeconomic #ETHETFsApproved #BTC
đŠ Fed rate: 3.75%â4.00%
đ 10-year Treasury yield: 5.20% on Sept. 24
đ„ September PMI: Rose to 58.4
đ° #BTCè”°ćżćæ ETF flows: Recent inflows supported the rally toward $87K
A potential October rate hike could pressure risk assets, while sustained ETF demand may provide support.
Meanwhile, the CLARITY Act's failed procedural vote leaves crypto market-structure rules unresolved.
Will Fed policy decide Bitcoin's next move, or can ETF demand keep the rally alive?
#macroeconomic #ETHETFsApproved #BTC
