- After the CLARITY Act failed, the crypto market extended its rally, with analysis suggesting that avoiding some of the bill’s regulatory burdens helped support sentiment.
- Since the bill stalled, Bitcoin (BTC), Ether (ETH) and some smaller digital assets have risen, while total crypto market capitalization has increased by about 11%.
- With the bill halted, proposed rules on stablecoin rewards and a nationwide licensing regime were blocked, while the SEC introduced an innovation exemption and token buyback guidance, leading Bitwise to say the industry got better rules faster at the cost of long-term certainty.
Forecast Trend Report by Period
The crypto market has continued to…
