Tue, 12 Maregulation

Clarity Act, in the flesh, unveiled by U.S. Senate Banking Committee before hearing

Burns Brief

The crypto market structure bill had already been making the industry rounds behind closed doors, but the lawmakers have released the text before their vote The news has rattled market participants, with bears looking to push prices lower while bulls attempt to defend key support levels. Watch for volume confirmation — a breakout above average volume would signal the trend is likely to continue.

The crypto market structure bill had already been making the industry rounds behind closed doors, but the lawmakers have released the text before their vote.

Key Takeaways