Bitcoin weathers September storm as rate hikes and Clarity act setback test bulls
60-second summary
Bitcoin weathers September’s storm, slipping only 1.5% yet staying on track for its first quarterly gain in a year despite rising interest rates, surging oil prices, and a stronger dollar; the market also grapples with the SEC’s Clarity Act setback, which pressures traders but underscores Bitcoin’s resilience and potential to sustain bullish momentum.
Bitcoin is down just 1.5% in its historically weakest month and remains on track for its first quarterly gain in a year, despite rising rates, surging oil and a stronger dollar.