Bitcoin Price Holds Steady as Markets Await Fed Minutes and Clarity Act Vote
The Bitcoin price held steady near $64,300 as markets awaited the release of the Federal Reserve's minutes on interest rate expectations.
The BTC price bounced off the support level of $62,800, but was unable to break through resistance between $64,400 and $65,000.
The White House expressed optimism over the CLARITY Act, with crypto adviser Patrick Witt stating he remains 'optimistic and bullish' about its chances. The Senate is scheduled to hold a key cloture vote on September 15.
According to Coingape media, Bitcoin's RSI remains above the 50 mark, showing continued momentum. However, if the price fails to stay above $64,000, it could reveal $63,500 before retesting stronger support near $62,800.