https://www.live-feeds.com/feed/bitcoin-s-late-summer-rally-set-to-face-off-against-the-fed-congressContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/bitcoin-s-late-summer-rally-set-to-face-off-against-the-fed-congresshttps://www.live-feeds.com/feed/bitcoin-s-late-summer-rally-set-to-face-off-against-the-fed-congress#u70146Wed, 16 Sep 2026 10:10:21 +0000Cryptocurrency prices slid Tuesday morning ahead of the Federal Reserve meeting, following a dramatic legislative defeat in the United States Senate. XRPR fell 11.18% to $10.59 and XRPI dropped 11.56% to $7.04, with both assets closing at their daily lows. This market downturn comes as traders brace for macroeconomic monetary decisions, compounding the immediate pressure on digital assets from both central bank policies and stalled congressional regulation.Why it mattersDigital asset markets face simultaneous pressure from legislative and monetary policy decisions. The rejection of the CLARITY https://www.live-feeds.com/feed/bitcoin-s-late-summer-rally-set-to-face-off-against-the-fed-congresshttps://www.live-feeds.com/feed/bitcoin-s-late-summer-rally-set-to-face-off-against-the-fed-congress#u68984Tue, 15 Sep 2026 12:37:17 +0000Bitcoin's late summer rally confronts major tests this week from both the Federal Reserve and Congress. Prices climbed back above $70,000 from $60,000 in late August. Traders are assigning an approximately 85% probability to a Federal Reserve rate hike on Wednesday following hotter-than-expected inflation data. Concurrently, a long-shot United States bill is gaining better odds of passage in Congress, and an upcoming CLARITY Act vote aligns with the interest-rate decisions. Meanwhile, the Bank of England and Bank of Japan are also issuing interest-rate decisions this week.Why it mattersDi