Bitcoin hits $86,000 as market digests interest rate hike and CLARITY Act setback, says Wintermute

Market maker Wintermute stated in its weekly report that the market has moved past the Federal Open Market Committee (FOMC) interest rate hike and the stalled vote on the CLARITY Act (US digital-asset market-structure bill). According to the report, Bitcoin (BTC) and Ethereum (ETH) broke through the upper limits of their trading ranges on the 21st. The firm noted that BTC weekly charts have reclaimed the 50-week moving average, with increased call option buying for November 2025 maturities signaling a shift toward bullish sentiment.