Bitcoin reclaims $80,000 after rate hike as Hayes downplays CLARITY Act

  • Bitcoin rose from about $76,400 and reclaimed $80,000 and its yearly moving average after the Federal Reserve raised rates by 25 basis points.
  • Leveraged short liquidations exceeded $250 million over a day, while roughly $192 million in crypto positions, including more than $183 million in shorts, were liquidated within one hour.
  • Bitcoin must clear $82,800-$83,000 to strengthen the recovery; Hayes' outlook ranges from a possible $50,000 decline to a potential $1 million target.

Bitcoin recovered above $80,000 after a 25-basis-point Federal Reserve rate increase, rising 8.1% from its recent low of $75,064 and reclaiming its yearly moving average for the first time since November 2025. The cryptocurrency reached approximately $81,330, with an intraday high near $81,741, while separate market snapshots recorded highs of $80,935 and $81,253. More than $250 million in short positions were liquidated over a day, including over $183 million of roughly $192 million in leveraged crypto liquidations within one hour. BitMEX co-founder Arthur Hayes argued that monetary flows mattered more than the Senate's rejection of CLARITY Act cloture, saying the Federal Reserve's higher rates could put more income in the hands of wealthy asset owners. Bitcoin still faces technical resistance near $82,800-$83,000, while Hayes' longer-term outlook spans a $50,000 downside case and a possible $1 million target after an artificial-intelligence credit collapse and government response.

The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.