Four events in five days and the market has priced one of them

A Senate cloture vote, a Federal Reserve decision where hike odds just jumped to 86.5%, Pi Network’s final planned upgrade, and the Bank of Japan. Three of the four are scheduled. The one driving everything was not on anyone’s calendar two weeks ago. Summary The Senate holds a cloture vote on the CLARITY Act at 2:15 p.m. Eastern on September 15, requiring 60 votes against a 53-seat Republican majority. Pi Network activates Protocol 27, its final planned core upgrade, on mainnet the same day, with node operators required to reach version 27.1 or fall out of sync. The Federal Open Market Committee meets September 16, with market-implied odds of a 25 basis point hike jumping to 86.5% on Monday from 69.4% the previous Friday. The Bank of Japan follows on September 18, completing four market-moving events inside five days. Total crypto market capitalisation sits near $2.69 trillion, down roughly 0.9%, with the Fear and Greed Index at 57 against 71 a week earlier. Crypto spends most of its time waiting for things that never quite happen. This week is the opposite problem. Between Tuesday and Friday, the Senate votes on whether to begin debating the bill that would define every digital as...