Bitcoin did something the crypto market was not necessarily expecting on September 21, instead of falling after the CLARITY Act failed and the Federal Reserve raised interest rates by 25 basis points, Bitcoin climbed to $86,000, a level not seen since January 28.
The cryptocurrency had gained roughly 15% in six days, while US Bitcoin exchange-traded funds attracted $999 million in new investment on Monday, according to Farside Investors data cited by Bitcoin Magazine.
