Author: Fahd Parihar

Bitcoin and Ethereum options worth $18.1 billion expire on Friday, with call-heavy positioning near key strike levels for BTC and ETH.

Bitcoin reclaimed $86,000 after absorbing the Federal Reserve’s rate hike and a Senate setback for the CLARITY Act, with ETF demand and short covering supporting the rebound.

Bitcoin’s latest rally appears driven by improving risk sentiment, spot ETF inflows, easing inflation fears, and signs of miner capitulation.

Bitcoin hit an 8-month high near $87,400 as spot ETF inflows and a short squeeze fueled momentum, with analysts watching key levels at $87,000 and $90,000.

Analysts say the CLARITY Act’s failed procedural vote will not derail crypto markets, arguing that price action is still driven by supply and demand and broader rate expectations.

Bitcoin and the broader crypto market dropped after the Senate failed to advance the CLARITY Act, with BTC falling more than 3% and market liquidations topping $668 million.

Goldman Sachs has revised its outlook and now expects the Federal Reserve to raise rates by 25 basis points after August inflation data strengthened the case for a hike.

India has issued $116 million in tokenized corporate bonds through the Demat 2.0 pilot, settling trades using the RBI’s wholesale digital rupee with atomic settlement.

Trezor says a third-party breach allowed hackers to send phishing emails from its official domain, warning users not to click links tied to a reported STM32 entropy vulnerability.

India’s FIU has issued non-compliance notices to 15 crypto platforms, warning that they could face access blocks unless they meet PMLA and FIU registration requirements.