Deep Tide TechFlow News, February 21 — According to Forbes, the probability of the Cryptocurrency Market Structure Act (Clarity Act) passing recently rose to 90%, then fell back to around 70%. It could become a key variable in the next phase of Bitcoin’s market trend. Many believe that the bill could be a “major trigger” for Bitcoin’s rebound, similar to how the “Genius Act” previously boosted stablecoin growth and market sentiment. Dennis Porter, co-founder of Satoshi Action Fund, stated that once the Cryptocurrency Market Structure Act is signed into law, “the gates will be fully opened,” and trillions of dollars in capital may wait for the compliance framework to be implemented before entering the market. Currently, the market generally believes that if the Cryptocurrency Market Structure Act makes substantial progress, it will serve as an important catalyst for a new wave of capital inflows into the crypto market.
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Forbes: Probability of Crypto Market Structure Bill Passing Rises, Potentially Becoming a "Major Trigger" for BTC Rebound
Deep Tide TechFlow News, February 21 — According to Forbes, the probability of the Cryptocurrency Market Structure Act (Clarity Act) passing recently rose to 90%, then fell back to around 70%. It could become a key variable in the next phase of Bitcoin’s market trend. Many believe that the bill could be a “major trigger” for Bitcoin’s rebound, similar to how the “Genius Act” previously boosted stablecoin growth and market sentiment. Dennis Porter, co-founder of Satoshi Action Fund, stated that once the Cryptocurrency Market Structure Act is signed into law, “the gates will be fully opened,” and trillions of dollars in capital may wait for the compliance framework to be implemented before entering the market. Currently, the market generally believes that if the Cryptocurrency Market Structure Act makes substantial progress, it will serve as an important catalyst for a new wave of capital inflows into the crypto market.