Browsing: Bitcoin News

With the Fed set to hike rates for the first time in three years, a Saudi pipeline shock pushing oil near $110, and ETF flows already wavering, Bitcoin’s path into Q4 hinges on a single afternoon in September.

The U.S. Senate failed to advance the CLARITY Act on September 15, falling short 49-50 in a procedural cloture vote, and the crypto market’s leveraged bulls paid almost immediately, especially in BTC USD and Ethereum.

The recent crypto pullback is being shaped by more than chart resistance. Regulatory disappointment, tighter monetary expectations and rising realized losses among short-term holders (STHs) are now converging in an already unstable market.