Clarity Act odds falling from 30% to 14% reflects how quickly Senate math can shift. The bill needed 60 votes to clear cloture, which meant several Democrats had to cross over.
Once negotiations stalled on ethics rules and other sticking points, that threshold became much harder to reach. Prediction markets moved fast as the procedural vote approached and then failed.
$BTC and $ETH dipped in response, showing how closely traders watch regulatory timelines. Even with many revisions offered, the 60 vote bar proved decisive.
This leaves market structure rules unresolved for now and keeps the focus on existing regulators rather than new legislation.
Once negotiations stalled on ethics rules and other sticking points, that threshold became much harder to reach. Prediction markets moved fast as the procedural vote approached and then failed.
$BTC and $ETH dipped in response, showing how closely traders watch regulatory timelines. Even with many revisions offered, the 60 vote bar proved decisive.
This leaves market structure rules unresolved for now and keeps the focus on existing regulators rather than new legislation.