CLARITY Act Could Reduce Crypto Market Manipulation by Up to 80%

The crypto crash on October 10 last year resulted in nearly $20 billion in losses, raising concerns about market stability. The upcoming CLARITY Act is expected to address these issues.

Potential Reduction in Market Manipulation

  • Crypto Rover predicts the CLARITY Act could reduce market manipulation by 70% to 80%.
  • The bill aims to make the crypto market more like traditional financial markets.

Institutional Investment Surge Expected

  • Once passed in the Senate, the CLARITY Act will proceed to a full vote and then to the House.
  • The process could conclude by March 2026, potentially increasing institutional investment in crypto.

Crypto

Currently, Bitcoin is trading at $90,357, down from a recent high of $94,800.