Browsing: Falls

The Bitcoin [BTC] price has been in decline since the 4th of September. The $80k level, and then the $76k level on Tuesday, the 15th of September, were lost as the market reacted to the increased odds of a Federal Reserve rate hike decision.

The biggest crypto news today is the bill that did not pass. The Senate voted 49 to 50 on September 15 to block the CLARITY Act from moving forward, per CoinDesk. Three Republicans broke ranks, per CNBC. The bill would have split crypto oversight between the SEC and CFTC.

In this episode, Scott Melker discusses the Clarity Act’s failure to advance in the Senate, the Fed’s expected interest rate hike, and Circle’s (CRCL) launch of its Arc blockchain.