Markets Tumble as Iran War Escalates and Clarity Act Deadline Looms

Global financial markets experienced sharp volatility this week as geopolitical tensions and persistent inflation concerns converged. Bitcoin retreated below $70,000 while regulatory deadlines loomed for major crypto legislation in Washington.

Bitcoin OGs Dump $117M After Hawkish Fed Signals Slower Rate Cuts

Long-term Bitcoin holders sold over $117 million in assets on Thursday following a hawkish Federal Reserve decision. The central bank signaled only one rate cut this year, dampening risk asset sentiment and pushing prices lower. Market participants now anticipate tighter liquidity conditions as inflation concerns persist.

Bitcoin Early Holders Sell $117 Million Following Hawkish Fed Rate Decision