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 …