๐จ CRYPTO JUST GOT HIT WITH A DOUBLE SHOCK โ AND VOLATILITY ISNโT OVER.
The Senateโs CLARITY Act vote failed 49โ50, falling far short of the 60 votes required to advance the bill. The setback immediately pressured crypto markets, with BTC sliding toward $76K and major altcoins selling off.
Then came the Fed.
๐ฅ The FOMC delivered a 25-bps rate hike, lifting the federal-funds target range to 3.75%โ4%. Chair Kevin Warsh emphasized inflation and avoided committing to a specific future path, keeping markets focused on incoming data and the possibility of further tightening.
And thereโs still a major political wildcard: U.S. efforts around a Strategic Bitcoin Reserve and other crypto legislation remain in focus, even as the CLARITY Act setback complicates the regulatory timeline.
๐ CLARITY: 49โ50 defeat
๐ฆ FED: +25 bps
โฟ Bitcoin: hit by renewed risk-off pressure
โก Crypto: now caught between regulation, rates and liquidity
The big question is no longer just โWhat will Bitcoin do?โ
Itโs whether Washingtonโs regulatory setbacks and tighter monetary conditions can collide hard enough to trigger another major crypto move.
Buckle up. The macro + regulatory storm is officially here. ๐จ๐โฟ
The Senateโs CLARITY Act vote failed 49โ50, falling far short of the 60 votes required to advance the bill. The setback immediately pressured crypto markets, with BTC sliding toward $76K and major altcoins selling off.
Then came the Fed.
๐ฅ The FOMC delivered a 25-bps rate hike, lifting the federal-funds target range to 3.75%โ4%. Chair Kevin Warsh emphasized inflation and avoided committing to a specific future path, keeping markets focused on incoming data and the possibility of further tightening.
And thereโs still a major political wildcard: U.S. efforts around a Strategic Bitcoin Reserve and other crypto legislation remain in focus, even as the CLARITY Act setback complicates the regulatory timeline.
๐ CLARITY: 49โ50 defeat
๐ฆ FED: +25 bps
โฟ Bitcoin: hit by renewed risk-off pressure
โก Crypto: now caught between regulation, rates and liquidity
The big question is no longer just โWhat will Bitcoin do?โ
Itโs whether Washingtonโs regulatory setbacks and tighter monetary conditions can collide hard enough to trigger another major crypto move.
Buckle up. The macro + regulatory storm is officially here. ๐จ๐โฟ
