The U.S. Senate failed to advance the CLARITY Act yesterday in a 49–50 vote.

That doesn’t mean the bill is dead, but its path forward has become much harder with the midterms approaching.

Now, TODAY brings two major catalysts:

🏦 1. FED RATE DECISION

Markets are pricing in a very high probability of a rate hike.

The hike itself may already be priced in.

But the real danger is Kevin Warsh’s forward guidance.

If Warsh signals that more hikes could follow, risk assets — including crypto — could face another wave of selling pressure.

₿ 2. STRATEGIC BITCOIN RESERVE BILL

The House will also be watched for progress on the Strategic Bitcoin Reserve legislation.

If it advances → potentially positive regulatory sentiment.

If it stalls → crypto faces another major policy setback.

⚠️ CLARITY failed.

Now the Fed + SBR become the next tests.

Today could bring some serious volatility.

Watch the Fed statement + Warsh’s comments, not just the headline rate decision.

#Fed #CLARITYAct #FedRateWatchCreate #ClarityActOddsHalveOnPolymarket