CoinShares: Hawkish Fed and stalled CLARITY Act hinder BTC's path to $80,000

CoinShares reports that a hawkish Federal Reserve and the stalling of the CLARITY Act (US digital-asset market-structure bill) are pressuring the crypto market. With the Fed signaling no rate cuts before 2027 and rising energy prices due to the Iran conflict, the possibility of further rate hikes has increased. Consequently, BTC may struggle to break $80,000 by year-end. While Bitcoin's regulatory status remains relatively clear, Ethereum and other altcoins face heightened uncertainty as the CLARITY Act faces delays over ethical clauses.