The Clarity Act is dead for now. OKX's Haider Rafique doubts passage, citing Democrats' unwillingness to hand Republicans a crypto win before midterms.
The market has already priced in optimism. Little upside if it passes, sharper downside if it fails. The Senate won't vote this month.
Our take: The Clarity Act is less policy, more political timing. Critical to US digital asset structure, it’s now stuck in election year gridlock.
$OP trades at 0.0867, below EMA20 and EMA50. Reclaim 0.0869 to shift the short-term trend.
$OP $BTC
The market has already priced in optimism. Little upside if it passes, sharper downside if it fails. The Senate won't vote this month.
Our take: The Clarity Act is less policy, more political timing. Critical to US digital asset structure, it’s now stuck in election year gridlock.
$OP trades at 0.0867, below EMA20 and EMA50. Reclaim 0.0869 to shift the short-term trend.
$OP $BTC