Browsing: Pressure

Bitcoin and altcoins experienced sharp declines after the Senate vote on the Clarity Act stalled. Following this, the US Federal Reserve (FED) raised its benchmark interest rate for the first time in three years. However, despite the series of negative news, BTC showed a relatively limited reaction, maintaining its pre-decision level of $76,000.

Bitcoin and altcoins experienced sharp declines after the Senate vote on the Clarity Act stalled. Although the US Federal Reserve (FED) subsequently raised its benchmark interest rate for the first time in three years, $BTC showed a relatively limited reaction, maintaining its pre-decision level of $76,000.

Bitcoin and altcoins experienced sharp declines after the Senate vote on the Clarity Act stalled. Although the US Federal Reserve (FED) subsequently raised its benchmark interest rate for the first time in three years, $BTC showed a relatively limited reaction, maintaining its pre-decision level of $76,000.

(Bloomberg) — Cryptocurrencies face renewed pressure after the US failed to advance a key regulatory bill, bruising industry sentiment just ahead of a potential interest-rate hike from the Federal Reserve.