Bitcoin Defies Regulatory Setback with $6,000 Price Rebound
The US Senate's failure to advance the CLARITY Act on September 15 sent Bitcoin plummeting to a multi-week low of $75,000.
Despite this regulatory setback, which also affected DeFi, CEXs and token launches, Bitcoin quickly recovered its losses and even surpassed $81,000 by Friday.
This price resilience in the face of ongoing regulatory risk suggests continued adoption of the cryptocurrency.