Bitwise said passage of the CLARITY Act would likely signal a bottom for the cryptocurrency market, as prediction markets currently estimate the bill’s chances of passing this year at around 40%.
According to NS3.AI, that implied probability has declined from about 75% in mid-May.
Bitwise added that if the legislation is rejected, it could increase short-term volatility in crypto markets.
Bitwise: CLARITY Act Passage Could Signal a Crypto Market Bottom
2026-07-10 06:26:37
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