Bitcoin Reclaims $81,000 as Spot Demand Shrugs Off Fed Rate Hike and Legislative Setbacks
Bitcoin rallied past $81,000 despite a Federal Reserve interest rate hike and the procedural failure of the U.S. Clarity Act. The rapid price rebound, paired with a swift return to net ETF inflows on Thursday, highlights deep spot absorption. Institutional traders are treating policy delays and monetary tightening as local liquidity events rather than trend reversals.
Bitcoin crossed $81,000 in Friday trading, rising nearly 6% over 24 hours despite a barrage of policy and macroeconomic headwinds. The rally unfolded directly after U.S. lawmakers blocked the long-awaited Clarity Act and the Federal Reserve raised borrowing costs to combat sticky inflation.
Initial market reaction saw a brief price dip, but aggressive spot buyers stepped in to absorb supply pressure near key technical floors. Institutional appetite demonstrated immediate resilience as U.S. spot ETFs reversed two consecutive days of negative redemptions, pulling in $160 million on Thursday to turn the momentum tide.
The price action highlights a regime shift where structural spot demand supersedes short-term interest rate expectations. With regulatory agencies continuing pro-industry rule updates regardless of stalled legislation, market participants are treating macro volatility as discount positioning liquidity rather than a structural narrative break.