Observations shift to SEC rulemaking, Citi says Bitcoin rebound unaffected by bill setback

Odaily星球日报讯 Citi stated that the U.S. Senate's failure to advance the 《CLARITY 法案》 into formal deliberation did not interrupt Bitcoin's rebound. After the procedural vote on the bill was blocked, Bitcoin remained strong, and market attention is shifting to whether the SEC can advance rulemaking on trading, tokenized assets, and market access based on its existing authority.

Citi said that the legislative setback will limit the CFTC's ability to obtain more complete crypto market regulatory authority in the short term. Its economics team believes this round of rate hikes may be close to a one-time move; the quantitative macro team warned that if AI investment continues to support growth and employment and wage pressures persist, interest rates may face further upward revision risks.