🇺🇸 Macro Analysis: The CLARITY Act & Market Structure.
The market is currently consolidating as the Digital Asset Market CLARITY Act faces indefinite delay in the Senate.
The Data:
• BTC: Holding $95,000 range.
• ETH: Steady above $3,300 on institutional inflows.
• XRP: Trading near $2.05.
Logical Implication:
The market was pricing in a regulatory win. The delay introduces short-term uncertainty, but the fact that price hasn't collapsed suggests strong underlying demand.
The bill aims to assign "Digital Commodity" status to BTC/ETH (CFTC jurisdiction). Approval remains the primary catalyst for the next leg up.
