Senate Rejection Triggers Market Correction, Analyst Sees Potential for BTC Rally

The US Senate recently failed to support the CLARITY Act, which may have contributed to a correction in the broader cryptocurrency market.

This has heightened expectations for the upcoming FOMC meeting, where interest rates are expected to rise by 0.25%.

However, analyst Ali Martinez believes that the central bank may be forced to keep the benchmark unchanged, which could lead to a BTC price rally.