FILTERED RESULTS
FILTERS
Ads Top
DARK MODE
CHART
    Filters
      Symbols
      Sentiment
      Impact
      Search
      FILTERED RESULTS

        

      Upgrade your plan
      Dashboard

      Bitcoin Surges Above $80,000 Despite Fed Rate Hike and Regulatory Setback

      Bitcoin has recently experienced a notable price surge, trading above $80,000, despite two significant developments that would typically be viewed as negative for the cryptocurrency. The U.S. Federal Reserve raised interest rates by 25 basis points, bringing the target range to 3.75%–4.00%, and adopted a more hawkish stance. Additionally, the U.S. Senate did not advance the CLARITY Act, which aimed to provide a regulatory framework for the cryptocurrency industry, receiving only 50 votes in favor, short of the 60 needed for advancement.

      Initially, Bitcoin's price fell below $76,000 following the Senate's decision, as the market reacted to both the regulatory setback and the Fed's rate hike. However, by the end of the week, Bitcoin rebounded, indicating a potential shift in market dynamics. The cryptocurrency is now testing key resistance levels around $82,000, which could signal further upward movement if surpassed.

      This recent price action suggests that Bitcoin may be becoming less influenced by macroeconomic factors alone. While the Fed's rate hike was anticipated and the failure of the CLARITY Act was somewhat expected, Bitcoin's recovery indicates that other factors, such as ETF flows, institutional positioning, and a more developed derivatives market, are increasingly impacting its price. Although macroeconomic conditions still play a role, the relationship between Bitcoin and these factors may be evolving.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

      .

      Terra Founder Do Kwon Sentenced to 15 Years in Prison for Fraud