⚖️ **Arca: Crypto Stops Chasing Headlines and Shrugs Off Bad News**

Arca's Jeff Dorman says digital assets are finally decoupling price from headlines — a batch of bad news this week barely moved the market.
• CLARITY Act market-structure bill looks stalled, the Fed held rates on a rare **3-governor dissent**, and AI fund Situational Awareness force-sold **$10B+** in stock — yet Bitcoin barely budged.
• **ETH has outperformed BTC for ~8 straight weeks** (~15% cumulative), while Coinbase posted another earnings miss.
• Read: fundamentals, not narratives, are increasingly setting crypto prices.

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