SEC hints at crypto regulation without Congress, Fed hikes rate to 4%
- —The CLARITY Act failed in the Senate: 49 votes in favor against the 60 needed
- —The Fed raised rates by 25 bps to 3.75–4.00% — the first hike since 2023
- —The 2026 PCE forecast was raised to 3.7%, with the year-end rate at 4.1%
- —$450.4 million flowed out of spot bitcoin ETFs on September 15
Why it matters: The SEC's regulatory promises are not keeping pace with monetary pressure: the rate hike and ETF outflows are weighing on bitcoin, which is stuck in a $76,000–$83,000 range.
Source: Journal du Coin