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Bitcoin absorbs initial pre-Fed sell-off, leaving $70K as a critical test for Warsh’s Fed decision

CryptoSlate
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Bitcoin absorbs initial pre-Fed sell-off, leaving $70K as a critical test for Warsh’s Fed decision

Bitcoin fell to an intraday low below $75,000 on Sept. 15, extending a selloff already underway ahead of the Senate vote on the CLARITY Act. The Senate failed 49-50 to invoke cloture on a motion to proceed to the bill, short of the 60 votes required, leading Bitcoin to its intraday low. Coinbase fell about […] The post Bitcoin absorbs initial pre-Fed sell-off, leaving $70K as a critical test for Warsh’s Fed decision appeared first on CryptoSlate.

Key Takeaways

  1. Bitcoin fell to an intraday low below $75,000 on Sept.
  2. 15, extending a selloff already underway ahead of the Senate vote on the CLARITY Act.
  3. The Senate failed 49-50 to invoke cloture on a motion to proceed to the bill, short of the 60 votes required, leading Bitcoin to its intraday low.
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Summary generated by IndiCrypto from CryptoSlate. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.