Bitget Says Bitcoin Still Above $75,000 Support, Eyes New High Despite Fed Rate Hike

Digital FinanceMacroDigital Finance
โดย thunhoon.com·USGLOBAL·Read original
Summary · why it matters

Grace Chen, Managing Director of Bitget, said that although the CLARITY Act failed to win approval in the U.S. Senate and the Federal Open Market Committee, or FOMC, voted to raise interest rates for the first time in three years by 0.25%, while signaling further hikes this year, factors seen as negative for Bitcoin and crypto, the price still held above the $75,000 support level. That indicates the market is focusing on other factors, and the recent correction has already absorbed the negative news. Grace Chen noted that Donald Trump's plan to direct the U.S. Securities and Exchange Commission, or SEC, and the U.S. Commodity Futures Trading Commission, or CFTC, to issue crypto regulations on their own without relying on congressional mechanisms helps offset some of the disappointment over the CLARITY Act failing in the Senate. Meanwhile, the trend of reducing dollar holdings remains a key factor driving investors worldwide toward both gold and Bitcoin, and these two factors continue to push prices upward. In addition, on the occasion of Bitget's eighth anniversary, the company is preparing to fully enter the institutional client market. In the second quarter of 2026, the net asset value of institutional clients grew 45% compared with the previous year, and it has most recently become the first crypto trading platform to bring official market data from the Nasdaq stock exchange directly into its infrastructure related to U.S. equities.

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BitgetPrivate▲ Positive
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Bitget is entering the institutional client market, with institutional client net asset value up 45% year-over-year in Q2 2026.

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