Why Crypto Rallied Instead Of Crashing After CLARITY Act Failed

Why Crypto Rallied Instead Of Crashing After CLARITY Act Failed

The post Why Crypto Rallied Instead Of Crashing After CLARITY Act Failed appeared first on Coinpedia Fintech News

Bitcoin hit $86,000 on September 21, a level unseen since January 28. Experts called it “the first day of the bull market,” pointing to a puzzling market reaction. Two events widely expected to hurt crypto, the CLARITY Act’s failure and a 25 basis point Fed rate hike, instead coincided with Bitcoin climbing roughly 15% in …