Bitcoin News

Story: Bitcoin and U.S. Equities Whipsaw Amid CLARITY Act Setback and Market Turmoil

By James Thorp

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What happened. From last Friday through early this Friday morning, Bitcoin and U.S.

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The historical context. Markets don't move in a vacuum, and this week's chaos echoes some ugly chapters.

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Why it matters. The Fed's rate hike is the big one here. A 25-basis-point increase sounds modest, but it's a…

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What to watch. The U.S. 10-year Treasury yield is the first number to track.

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From last Friday through early this Friday morning, Bitcoin and U.S. equity markets ended up pretty much flat. But flat doesn't mean calm.

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Markets don't move in a vacuum, and this week's chaos echoes some ugly chapters. The 2008 financial crisis is the obvious reference point.

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The correlation between crisis and crypto interest isn't perfect, but it's real. When trust in traditional institutions wobbles, some money flows toward alternatives.

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The Fed's rate hike is the big one here. A 25-basis-point increase sounds modest, but it's a signal — the Fed is still fighting inflation and isn't done tightening.

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The CLARITY Act's failure to advance is probably the more immediate problem for the U.S. crypto sector.

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The broader story here is the growing tension between traditional finance and digital assets.

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The U.S. 10-year Treasury yield is the first number to track. It's creeping toward 5%, and if it breaks through, that's a meaningful signal about where investors think government…

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More context: 23 Crypto Billionaires Thrive Amid Market Volatility, Report Reveals

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Bitcoin's 200-week moving average is the second. It's held up as a floor through multiple brutal bear markets.

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The Strategic Bitcoin Reserve bill is the third. Its progress in the House is slow, but it hasn't died.

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Beyond those three, there's a lot happening in the tokenized assets space that's worth following. Robinhood, Arc, and Fomo are all competing for market share in tokenized equities.

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