regulation ·
Morning Minute: Democrat Sweep Pumps Crypto as Clarity Act Resurfaces
The Dems are already talking compromise on the Clarity Act and their requests all seem logical - does the bill have new life?
Image: Shutterstock/DecryptCreate an account to save your articles.Add on GoogleAdd Decrypt as your preferred source to see more of our stories on Google.Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt.
And check out our daily news show 'FOMO HOUR' covering all of the top stories and market action. The easy story is that uncertainty lifted and crypto exhaled.
WTI fell 9% to $88 a barrel, down almost 17% on the week, as Iran’s parliament speaker said voters had “said NO TO WAR.” The DOW jumped 3% on the day and Nasdaq +1.6% in what was a huge green day across markets.
James Butterfill of CoinShares put it plainly: “For Bitcoin, real yields, dollar liquidity and ETP flows still carry more weight than the elections.” But the policy news that landed Wednesday afternoon matters more than the candles.
Earlier coverage
Reported by Decrypt.
Topics: regulation.
