Crypto Sits Out the AI Selloff: Bitcoin ETF Money Rotates to ETH Ahead of the CLARITY Act Senate Vote and FOMC
Nasdaq-100 futures fell 1.65% yesterday. The Kospi lost 3.26%. Gold dropped 0.8%, silver 1.7%, and AI semiconductors were taken to the woodshed. Crypto closed higher, with 94 of the CoinDesk 100 green. That divergence is the whole trade this week. Bitcoin is sitting at $77,950 with a $78,280 high already printed on Sept 14. The CLARITY Act Senate vote fires at 2:15 p.m. ET today. The FOMC decision lands tomorrow at 2:00 p.m. ET. Both are still ahead of you. ...