May 15, 2026
BTC price rejected at the 200-day SMA for the fifth time this month after running above $81K on the CLARITY Act news, then reversing. Warsh sworn in as 17th Fed Chair — three weeks of latitude before the FOMC blackout.
BTC price rejected at the 200-day SMA for the fifth time this month after running above $81K on the CLARITY Act news, then reversing. Warsh sworn in as 17th Fed Chair — three weeks of latitude before the FOMC blackout.
The U.S. Senate failed to invoke cloture on the CLARITY Act (49–50), terminating near-term hopes for a statutory digital asset framework before the midterms. The news sparked $760M+ in cross-market liquidations, disproportionately flushing leveraged longs and pulling Bitcoin down 4.4%.
Crypto sentiment cooled to neutral today, and with tomorrow's Senate CLARITY Act vote and Wednesday's FOMC decision ahead, the engine is on standby.
Crypto Fear & Greed fell 69 to 56, back to neutral, while 5-day BTC ETF flows cooled from +$840M to +$456M and Bitcoin's MVRV ticked up. Next up: the Senate's CLARITY Act cloture vote Tuesday at 2:15 PM ET, then FOMC Wednesday.
August PPI (wholesale inflation) came out today and revealed a sharp split between surging goods and flat services, tilting odds toward a tighter Fed. But the picture isn't complete until tomorrow's CPI (what consumers pay) shows how much pipeline heat reached store shelves.