Will the CLARITY Act trigger a crypto market rally?
The recent crypto market rally experienced earlier this year stalled recently as traders booked profits.
Summary
- The crypto market is wavering ahead of the upcoming CLARITY Act markup.
- Senator Tim Scott confirmed that the markup will take place on January 15.
- The CLARITY Act will likely not lead to a crypto market rally.
Bitcoin (BTC) price plunged from the year-to-date high of $94,500 to the current $90,000. Other top altcoins like Ethereum (ETH) and Ripple (XRP) have also pulled back in the past few days.
CLARITY Act markup to happen on January 15
The crypto market will be in focus next week as investors react to the upcoming markup of the Market…
