Crypto
Bitcoin Holds Ground Near $76K Despite Fed Hike and Clarity Act Setback
The Bitcoin price has held steady around $75,700-$76,000 despite two major market headwinds: a 25-basis-point Fed rate hike and the setback of the Clarity Act.
The U.S. Federal Reserve raised its benchmark rate to 3.75-4.00% on September 16, but Bitcoin's price barely budged.
Willy Woo put the odds of a market bottom at 90%, citing the return of long-term investor liquidity and arguing that a bull run should continue as long as investor inflows do not weaken significantly.