Digital Asset Market Clarity Act Back to Trigger Crypto Rebound?
The highly anticipated US cryptocurrency regulation, the Digital Asset Market Clarity (CLARITY) Act, enters a critical week in Washington, as Senate committees prepare for markups.
This development on the SEC’s & CFTC’s regulations could significantly influence institutional investment and overall crypto market sentiment.
So far, US spot Bitcoin ETFs marked the largest daily inflows in three months, drawing in $753.7 million.
This trend suggests a resurgence of institutional interest as investors realign their strategies following year-end rebalancing.
Bitcoin has broken through its recent range, currently sitting at around $96,500, representing a 1.37% increase over the past 24 hours. A sustained move above $97,000 is crucial for…
