Why Crypto Rallied After the CLARITY Act Failed, According to Bitwise

Why crypto rallied after the CLARITY Act failed, according to Bitwise

Bitwise has identified four crypto sectors that benefited from the CLARITY Act’s Senate setback, with NEAR gaining 104% and Uniswap rising 49% between the vote and Sep. 30. Bitwise Asset Management chief investment officer Matt Hougan wrote in a Sep.…

4 Crypto Sectors Gained From CLARITY Act Failure, Bitwise Says

Crypto’s rally after a major legislative setback has an unexpected explanation, according to a new Bitwise analysis. Matt Hougan identifies four areas where the outcome created advantages, alongside one risk that could reverse them. Stablecoin Platforms Preserve Customer Rewards Four areas of crypto gained business advantages after the Senate failed to advance the CLARITY Act […]

Why CLARITY Act's failure is beneficial for crypto