The US Senate rejected the CLARITY Act with 49 votes against 50, far from the required 60, reigniting the regulatory battle between the SEC and CFTC over crypto. The Fed raised rates by 0.25 points to 3.75-4%, its first increase since 2023. Bitcoin rebounded above $80,000 after falling below $77,000, with Bitcoin ETFs capturing $324.6 million on September 18. The SEC simultaneously opened a five-year exemption for tokenized securities trading on licensed platforms, a market that grew from tens of millions to $2.8 billion. CryptoQuant identifies $81,700 as the key level to confirm the return of a bull market.
Source: Read the original article
