Today Trump played the crypto card.
He agreed to tough ethical restrictions. Why? So that the Senate could vote on the CLARITY law tomorrow.
What does this mean in simple words? The government wants to give crypto clear rules.
And Trump agreed to limitations for this law, even for himself and his family.
Why the market didn't fall today
An increase in the Fed rate is almost already priced in.
But another factor has emerged — policy.
Some traders are now trading not the chart, but news from Washington.
Next come two hits:
• tomorrow — a vote on CLARITY
• on Wednesday evening regarding Tajikistan — an FOMC decision
The question is simple:
what will move the price more — the law tomorrow or the rate on Wednesday$ETH
ETH
2,429.35
-3.84%