CoinShares: bitcoin unlikely to break $80,000 on Fed policy, CLARITY Act failure

• —The Fed raised rates by 25 bps to 3.75–4%, the first hike since July 2023
• —The Fed's median rate forecast for 2026–2027 was raised to 4.1% from 3.8% and 3.6%
• —The Senate rejected a procedural vote on the CLARITY Act 49–50 on September 15
• —Butterfill allows for another rate hike before the end of the year