Wu Blockchain has learned that CoinShares stated in its latest report that the Federal Reserve's hawkish policy shift and the stalling of the CLARITY Act are the two major short-term pressures facing the crypto market. The Fed believes inflation remains too high, and its latest interest rate projections no longer indicate room for rate cuts before 2027. As a result, the U.S. dollar and short-term Treasury yields have been supported. Coupled with the Iran conflict driving up energy prices, the likelihood of another rate hike this year has increased. CoinShares believes that unless there is a significant improvement in the inflation outlook or a major shift in monetary policy expectations, BTC may struggle to effectively break through $80,000 by the end of the year. On the regulatory front, the main disagreements over the CLARITY Act remain focused on ethical provisions, and a revised version may not move forward until early next year at the earliest. Since Bitcoin's regulatory status is relatively clear, the stalling of the act has limited impact on it. However, Ethereum and other altcoins face greater regulatory uncertainty. https://www.(wublock123.com)/news/coinshares-fed-hawkish-regulation-setbacks-btc-80k-challenge-68622