Bitcoin holds near $75,000 after Fed rate hike and CLARITY Act failure
- —CLARITY Act rejected in the Senate by 50 votes to 49
- —Long liquidations in the 24 hours after the vote totaled $571M
- —Key resistance levels: $77,950, $79,300 and $80,000
- —SEC introduced a conditional exemption for tokenized US stocks
Why it matters: The absence of new growth catalysts threatens a prolonged sideways market; a break above $80,000 or below $75,000 will set the direction.
Source: Koin Bülteni