Bitcoin Price Hinges on Fed Decision and CLARITY Act Vote This Week
The price of Bitcoin is expected to be significantly impacted by two major events this week. The Federal Reserve's policy decision on September 15, 2026, and the Senate's vote on the CLARITY Act are both closely watched by investors.
Markets currently anticipate an 85-90% chance of a 25-basis-point rate hike from the Fed. Additionally, regulators have been debating the ethics of digital assets and stablecoin yields, with the CLARITY Act's new iteration preserving some contentious sections. The bill's passage or failure could sway sentiment and potentially impact Bitcoin's price.
Analysts note that the macro picture for Bitcoin is mixed, with its correlation to gold near a 6-year high and its correlation to the Nasdaq 100 near -0.30. Despite rising by nearly 1.2% in the last 24 hours, Bitcoin has struggled to hold above $78,000.