# Bitcoin Closes Above $85,000 After Senate Rejection

> Bitcoin surged 14% to $86,291 after Senate killed CLARITY Act and Fed rate hike.
- Title: Bitcoin Closes Above $85,000 After Senate Rejection | Shortify
- Summary: Bitcoin surged 14% to $86,291 after Senate killed CLARITY Act and Fed rate hike. Bitcoin closed above $85,000 after Senate rejected CLARITY Act and Fed rate…
- Keywords: bitcoin, clarity act, fed, senate, crypto, btc, spot bitcoin etf, market rally, Closes, Above, 000, Rejection
- Source: 24/7 Wall St. — https://247wallst.com/investing/cryptocurrency/2026/09/22/bitcoin-cleared-85000-a-week-after-the-clarity-act-died-and-the-fed-hiked-how-high-can-it-go
- Author: Sam Daodu
- Published: 2026-09-22T22:52:54+00:00
- Read time: 1 min
- Topics: bitcoin, clarity act, fed, senate, crypto, btc, spot bitcoin etf, market rally
## Bitcoin price surge
Bitcoin closed at $86,291 after surging 14% from $75,584.
## Senate rejected CLARITY Act
Senate voted down CLARITY Act 49 to 50 on September 15.
## Fed raised rates
Federal Reserve increased interest rates by a quarter percentage point on September 16.
## Bitcoin held $75,000 support
Bitcoin tested $75,000 twice but closed above it each day.
## Key resistance levels
Bitcoin surpassed $83,000 and $85,000 resistance levels.
## Record ETF inflows
U.S. spot Bitcoin ETFs attracted $999 million in one day.
## Market confidence
Bitcoin reclaimed 50-week moving average on September 20.
## Analyst predictions
Analyst Jesse Marre expects Bitcoin to reach $95,000 to $100,000.
## Potential risks
A drop below $75,000 or 10-year yields exceeding 5.01% could trigger pullback.
## What happens next
Trump and Xi meeting on September 24 may impact Bitcoin price.
## Key takeaway

Bitcoin closed above $85,000 after Senate rejected CLARITY Act and Fed rate hike, with $999 million in ETF inflows.