Markets· ★★★· neutral·

Bitcoin holds above $77,000 as September closes down just 1.5%

  • —Bitcoin's September decline was 1.5% versus a historical average of -3%
  • —The CLARITY Act mustered only 49 votes of the 60 needed in the Senate
  • —Bitcoin briefly fell below $74,887 but quickly recovered above $77,000
  • —The SEC introduced an innovation exemption for tokenized stocks
Why it matters: The muted reaction to negative news points to seller exhaustion; historically, the fourth quarter has delivered bitcoin an average gain of +77%.
#BTC
Source: Koin Bülteni
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