Bitcoin faces interest rate hikes and legislative pressure, analysts predict autumn volatility range

According to Nikkei Shimbun, Bitcoin is facing pressure from rising U.S. interest rate hikes and stagnant encryption legislation. Analyst Shoshi Nishiyama said that if U.S. interest rate hikes expectations rise sharply, the price of Bitcoin may fall to US$50,000. The U.S. Digital Asset Market Clarity Act has been blocked during congressional review. On September 15, the U.S. Congress will vote on whether to end relevant discussions. The probability of passing the bill in 2026 has dropped to less than 20%. In addition, potential IPOs of AI companies such as OpenAI and Anthropic may divert venture capital funds. The market is currently concerned about whether Bitcoin can stabilize in the range of US$60,000 to US$85,000 in the autumn.