
Reuters: bitcoin rally faces Fed decision and CLARITY Act vote
- —Bitcoin rebounded above $70,000 after a 50% drop from its October 2025 peak of $126,000
- —The market is pricing an 85% chance of a Fed rate hike on September 16
- —Options skew turned positive for the first time in 12 months — demand for calls is higher
- —Open interest in December options is concentrated at the $80,000 and $100,000 strikes
Why it matters: The outcome of the Fed meeting and the CLARITY Act vote will determine whether bitcoin's recovery holds or the rally stalls.
Source: Yahoo Finance Crypto