Bitcoin faces bigger risk from another Fed hike than CLARITY delay, analyst says

Analysts assess that Bitcoin faces a greater near-term risk from another Federal Reserve rate hike than from delays to the CLARITY Act. A higher-for-longer monetary policy would likely strengthen the dollar, tighten liquidity, and pressure risk assets including Bitcoin. While regulatory uncertainty from the CLARITY delay may weigh on sentiment, its impact is viewed as less immediate and significant than a renewed Fed tightening cycle.