BTC Holds Steady Amid Rate Hikes and Regulatory Uncertainty

BTC has shown resilience in the face of challenges from rate hikes and regulatory setbacks.

The Clarity Act, aimed at clarifying regulations for digital assets, has faced a setback, but its impact on BTC remains to be seen. The market's reaction was muted, with some analysts suggesting that the legislation may ultimately benefit the industry.

BTC price remained relatively stable throughout September, despite rising US interest rates and inflation concerns.