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Bitcoin in Limbo as Congress Vote Fails and Fed Drives Sentiment
Original: Bitcoin Price in Limbo: Congress Lost the Vote, but Fed Sets The Tone
Bitcoin is trading without clear direction after Congress failed to pass the crypto-related vote investors had been watching, leaving legislative momentum stalled. Attention has shifted to the Federal Reserve, whose policy signals are now seen as the main driver of Bitcoin's price outlook. Market watchers say the combination of political disappointment and monetary policy expectations is keeping the cryptocurrency range-bound for now.
Why now: Bitcoin's near-term direction now hinges on Federal Reserve signals after a key congressional vote failed.
BitcoinUS CongressFederal Reserve
Evidence
- Bitcoin Price in Limbo: Congress Lost the Vote, but Fed Sets The Tone · Yahoo Finance
- Bitcoin Price in Limbo: Congress Lost the Vote, but Fed Sets The Tone · Cryptonews
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