CLARITY’s delay to test Wall Street’s $6.6 trillion stablecoin warning which is at odds with White House view

The CLARITY Act has stalled in Senate Banking deliberations, setting back an array of market rules that would solidify into law most of the pro-crypto stance that took hold in the President Donald Trump administration. Yet, Congress may have handed crypto markets an unexpected experiment. Galaxy Research puts the odds of enactment this year at […] The post C...
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Bitcoin trading volume is falling fast. That rarely ends smoothly.
Bitcoin's trading volume has dropped to $8 billion, the lowest since October 2023, creating dangerous market illiquidity. With thin order books, large trades could trigger sharp price swings. Options markets show traders expect calm, but the Fed's policy statement and surging oil prices pose macro risks. BTC trades near $77,800 while Treasury yields climb, threatening risk assets broadly.

