Macro· ★★★· bullish·

Arthur Hayes: Crypto doesn't need CLARITY Act, rate hike was enough

  • Hayes called the CLARITY Act "nonsense" for the crypto market
  • He believes the Fed's rate hike was the growth driver
  • Bitcoin exceeded $81,000
Why it matters: The comment from an influential player underscores that macro factors matter more than regulation for the market.
Source: Google News (crypto query)