Scaramucci Says Bitcoin Rally Driven by Bessent's Treasury Move, Not Clarity Act
- —Bitcoin rose 14.37% over the week, from $75,584 to $85,733
- —BTC remains down 23.32% over one year and 1.20% year to date
- —10-year Treasury yield hit 4.96% on Sept 21; 30-year reached 5.29%
- —Scaramucci called the Clarity Act a driver for tokenization, not Bitcoin
Why it matters: A high-profile investor's view shifts market focus from regulatory catalysts to macro factors — specifically the long end of the US Treasury curve.
Source: Yahoo Finance Crypto