BREAKING
89d 9h ago

Bitcoin Could Benefit as Bipartisan CLARITY Act Gains Momentum in Crypto Market Structure Legislation, Says Bitwise CIO Matt Hougan

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

COINOTAG News reports that Bitwise Chief Investment Officer Matt Hougan argues the odds of cryptocurrency market structure legislation progressing are higher than current pricing implies. He notes rising momentum for the CLARITY Act, supported across party lines, with cryptocurrency lobbying funds reaching record levels and the government advancing commitments to the crypto sector.

A potential vote in favor would sharpen regulatory clarity, reduce policy ambiguity, and could boost institutional participation in digital assets. Readers should track policy milestones, as a clearer market structure legislation framework may channel capital toward compliant projects, raise disclosure standards, and support market integrity by mitigating surprises from shifting regulatory signals.

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