Bitcoin’s rally has 4 weeks to get its Washington CLARITY catalyst before the clock runs out
The post Bitcoin’s rally has 4 weeks to get its Washington CLARITY catalyst before the clock runs out appeared on BitcoinEthereumNews.com. The US Senate returns to Washington next week with 20 working days to decide whether the CLARITY Act, which is the most advanced crypto market-structure bill in Congress, becomes law this summer or slips into another round of delay. Data from CryptoSlate shows that Bitcoin has climbed about 10% this month after a bruising June, rising from late-month lows to briefly trade above $64,000 before pulling back near $61,881 late Wednesday morning. The recovery has steadied market sentiment, but traders are still looking for confirmation that the bounce has more behind it than short covering and relief after weeks of selling pressure. The Digital Asset Market Clarity Act has become one of the clearest candidates for that next catalyst. The legislation is designed to establish a federal framework for digital asset markets and clarify how oversight is split