The probability of the Crypto Market Structure Bill passing is rising and may become a major trigger for a BTC rebound
According to ChainCatcher, as reported by Forbes, the probability of the Clarity Act, a crypto market structure bill, passing recently surged to 90% before retreating to around 70%. This bill may become a key variable for the next phase of the bitcoin market. Many believe it could be a "major trigger" for a bitcoin rebound, similar to how the previous "Genius Act" spurred stablecoin growth and boosted the market.
Dennis Porter, co-founder of Satoshi Action Fund, stated that once the crypto market structure bill is signed, "the floodgates will fully open," with trillions of dollars in capital possibly waiting to enter after a compliant framework is established. The market generally believes that if the Clarity Act makes substantial progress, it will become an important catalyst for a new round of capital inflows into the crypto market.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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