Bitcoin Rebounds Above $80,000 Amid Regulatory Uncertainty

Bitcoin staged a notable recovery after falling from $80,000 to around $75,000 in late September.

The move occurred against a complex backdrop of regulatory and macroeconomic risks, including the Federal Reserve's first interest rate hike since 2023 and the US Senate's failure to advance the Clarity Act.

BTC fell to approximately $76,500 on September 15 after the Senate vote, but then rebounded with the help of ETF inflows.

The $160 million in net inflows into US-listed spot Bitcoin ETFs on September 18 helped push the price above $80,000 and erased much of the decline recorded earlier in the week.