Bitcoin Price Rebounds as Traders Watch $81,700

| coinspeaker.com
Bitcoin price initially fell about 4% to near $75,900 after the US Senate failed to advance the CLARITY Act in a 49–50 cloture vote, falling short of the 60 votes required. Less than 24 hours later, the Federal Reserve raised rates by 25 basis points to 3.75%–4.00%, triggering another brief decline toward $75,200. Bitcoin price later recovered above $80,000 and was trading near $81,540, up 0.55% in 24 hours and about 5.8% over seven days, according to data cited from Binance and CoinGecko. The rebound suggests short-term resilience despite tighter monetary policy and regulatory uncertainty. Traders are watching $81,700, which CryptoQuant links to Bitcoin’s 365-day moving average. A sustained close above that level could target $83,600 and possibly $88,700. The base case is range-bound trading between $77,100 and $83,600. Losing the $77,100–$80,200 long-term-holder supply zone could expose Bitcoin to $70,000, with deeper support around $62,000–$65,000. The report also mentions Bitcoin Hyper (HYPER), an unreleased Bitcoin Layer 2 project with Solana Virtual Machine integration. Its presale reportedly raised $33.1 million, with a token price of $0.0136866 and advertised staking rewards of 35% APY. These claims were not independently verified, and the project has no live mainnet, creating significant presale risk.
Neutral
The immediate market reaction was bearish: the failed CLARITY Act vote removed a potential regulatory catalyst, while the Federal Reserve rate hike increased pressure on risk assets. Bitcoin initially fell toward $75,000, confirming short-term downside sensitivity to policy shocks. However, Bitcoin price later recovered above $80,000 and gained about 5.8% over seven days. This resilience offsets the earlier bearish signals and supports a neutral overall view rather than a clearly bullish or bearish classification. A sustained break above $81,700 could improve momentum and open the way toward $83,600 and $88,700. Conversely, a loss of the $77,100–$80,200 support zone could trigger a move toward $70,000 or lower. Traders should therefore expect volatility and monitor interest-rate expectations, regulatory developments and volume confirmation around these technical levels.