When will crypto’s CLARITY Act framework pass in the US Senate?

💡 DMK Insight

The delays in the Senate for the CLARITY Act are raising eyebrows, and here’s why that matters: uncertainty in regulatory frameworks can lead to volatility in crypto and forex markets. Traders are already feeling the pressure as the act’s potential implications for digital asset regulation remain unclear. This could impact trading strategies, especially for those holding positions in cryptocurrencies that are sensitive to regulatory news. If the Senate continues to stall, we might see a dip in investor confidence, leading to increased selling pressure in the short term. Watch for key technical levels in major cryptocurrencies; a break below recent support could trigger further declines. On the flip side, if the act passes, it could provide a much-needed framework that stabilizes the market, attracting institutional investors back into the fold. Keep an eye on the Senate’s schedule and any statements from key lawmakers, as these could serve as catalysts for market movement.