EconomyBitcoin absorbs initial pre-Fed sell-off, leaving $70K as a critical test
Bitcoin fell below $75,000 intraday on Sept. 15 after the Senate failed 49-50 to advance the CLARITY Act, removing near-term regulatory upside. With the 10-year Treasury yield at 5.041%, Brent above $105 and tighter rate expectations, Bitcoin now faces a key test near its $70,000 200-day moving average ahead of the Sept. 16 FOMC meeting.
Bitcoin absorbs initial pre-Fed sell-off, leaving $70K as a critical test
Economy