Bitcoin trades sideways at $76,600, while the failed vote on the CLARITY Act and the Fed’s rate hike act as resistance.
Bitcoin was trading at $76,615 on September 18, showing a sideways trend while remaining under pressure this week from the failed CLARITY Act vote and the FED’s 25-bps rate hike to 3.75%–4.00%. TradingView data shows that most crypto tokens and stocks, along with other risk assets, suffered larger declines than Bitcoin during this period, while Bitcoin effectively held the $75,000 support level. Bitcoin Price Reaction Under the Dual Impact of the Failed CLARITY Act Vote and the FED Rate Hike On
Bisc·09-18 01:12