CLARITY Act failure could send crypto valuations lower: Bernstein
CoinTelegraph·
60-second summary
Bernstein warns that Congress' failure to pass the CLARITY Act could send crypto valuations lower, potentially triggering another leg down in prices. This development could accelerate policy support from US regulators, as they may feel compelled to act in the absence of legislative guidance. The crypto market may experience increased volatility as a result.
Bernstein said Congress’ failure to pass the CLARITY Act’s could trigger another leg down for crypto valuations and accelerate policy support from US regulators.