Odaily Planet Daily reports: Bitcoin's recent upward momentum has weakened, as the market faces multiple pressures, including rising expectations of U.S. interest rate hikes and stalled cryptocurrency legislation. Some analysts suggest that if U.S. interest rate hike expectations intensify further, Bitcoin's price could fall back into the $50,000 range.
Additionally, progress on U.S. cryptocurrency regulatory legislation has stalled, with the CLARITY Act facing obstacles in congressional review. On September 15, the U.S. Congress will vote to determine whether to end related discussions. Predictive market data shows that the probability of the bill passing within 2026 has dropped from over 50% in July to less than 20% currently.
Cryptocurrency analyst Yoshifumi Nishiyama stated that if expectations for U.S. interest rate hikes surge sharply, Bitcoin could fall back into the $50,000 range; potential IPOs by AI companies such as OpenAI and Anthropic may also divert some venture capital funding, exerting downward pressure on Bitcoin. However, some analysts believe the previous downtrend may have already reached a阶段性 conclusion, and the market is now watching whether Bitcoin can stabilize between $60,000 and $85,000 amid macroeconomic and policy headwinds this fall. (Nikkei)