Overview
- The Federal Reserve raised interest rates by 25 basis points to a 3.75%–4.00% target range and the U.S. Senate failed to advance the CLARITY Act, events that first pushed Bitcoin below $76,000 and increased policy and macro uncertainty.
- Bitcoin has since recovered to roughly $81,540 and is consolidating just under the $81,700 level that on‑chain analysts cite as a marker for confirming a sustained bull phase.
- Short‑term price momentum is positive, with a seven‑day change near +5.8%, and recent gains were amplified by spot‑ETF inflows and mechanical moves such as ETF hedges and forced short covering.
- The Fed move and the CLARITY Act setback leave tangible downside risks because higher rates raise the cost of risk taking and the U.S. market still lacks the hoped‑for regulatory clarity.
- Some investors are rotating into Bitcoin infrastructure projects, for example a Bitcoin Hyper presale that has raised about $33.1 million so far, but presale tokens carry standard execution and liquidity risks and are not the same as holding BTC.