Sept 14: Bitcoin Holds Near $78K as Oil, Yields and AI Fears Hit the Markets

Bitcoin remains around $78,000 as oil trades above $100, the 10-year Treasury yield flirts with 5% and markets prepare for Wednesday's Fed decision. Matt remains cautious on Bitcoin's near-term outlook and still considers the current movement part of the same broad sideways range until Bitcoin can decisively break through the low $80Ks and establish $80,000 as support. The CLARITY Act also faces a major procedural test this week, with stablecoin yield emerging as a key fight between crypto companies and traditional banks. Matt argues that regulators should distinguish genuine consumer protection from rules designed to insulate incumbents from competition. He applies the same concern to AI, arguing that legitimate safety risks should not become justification for allowing a small group of dominant companies to create a regulatory structure that locks out open-source development and smaller competitors. Happy HODLing Hosted on Acast. See acast.com/privacy for more information.