BTC Fluctuates Near $77K Amid CPI and New CLARITY Act Amendments
- —BTC fell to $76K after CPI, then rebounded to $80K and stabilized near $77K
- —Core inflation m/m at 0.3% vs 0.2% forecast; market prices ~90% chance of a rate hike
- —The new CLARITY Act version includes ethics rules; odds of passage this year rose to ~30%
- —Strait of Hormuz talks postponed, oil rose, BTC slipped to $76K
Why it matters: The FOMC outcome and the CLARITY Act vote on the 15th will set BTC's direction for the coming weeks.
Source: CoinDesk Japan