This weekly review covers the Clarity Act's failure in the Senate and the Federal Reserve's first rate hike in three years, yet Bitcoin still surged past $80,000 due to a significant short squeeze. The episode highlights the strategic Bitcoin Reserve bill advancing through the House Finance Committee and discusses JPMorgan's view that Bitcoin may outperform gold due to heavy hedging. Experts like Eric Balchunas and Jurian Timmer also weigh in on Bitcoin's maturing role as a store of value and the potential start of a new bull cycle.
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