According to Wu Blockchain, Wintermute highlighted in its latest weekly report that after the Federal Reserve raised interest rates by 25 basis points and the procedural vote on the CLARITY Act failed, the crypto market saw a rebound. Last week, ETH rose by 6.7%, and altcoins overall increased by 4.8%. Bitcoin spot ETFs had a net inflow of approximately $6 million for the week, with $433 million flowing in on Friday alone. BTC closed the week at $81,159, marking the first time it has surpassed the 50-week moving average since early November last year. As of the report's release, BTC has broken out of the previous $75,000 to $81,000 consolidation range, briefly reaching around $86,000. Wintermute believes the market will now focus on whether the new price levels can hold and the extent of profit-taking. https://www.(wublock123.com)/news/wintermute-rate-hikes-clarity-bill-vote-crypto-rally-btc-81000-68824