On Thursday, the price of Bitcoin (BTC) attempted to reclaim the 80,000 USD level. Traders anticipate market volatility ahead of the expected vote on the CLARITY Act in the U.S. Senate Committee on Banking, Housing, and Urban Affairs. This is reported by Cointelegraph.com .
According to Polymarket data, there is a 67% probability that the CLARITY Act will be passed in 2026. This bill aims to establish clear rules for regulating the crypto market and stablecoins. If approved, Bitcoin could be officially recognized as a digital commodity and fall under the supervision of the Commodity Futures Trading Commission (CFTC).
Expert opinions are divided: some analysts expect Bitcoin's price to quickly reach 90,000 USD once the law is passed. On the other hand, analytical sources like Material Indicators argue that this news is already priced into the market and that institutional capital inflow is necessary for significant growth.
This legislative initiative is seen as a crucial step toward reducing legal uncertainty for crypto assets in the U.S. and further legitimizing the industry. Market participants hope that positive regulatory developments will pave the way for long-term growth in Bitcoin's value.
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