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Crypto Stalls as Clarity Act Faces Senate Deadlock and Fed Rate Odds Shift

U.Today Read original source (opens in a new tab)
The Story

News Summary

  • Cryptos face consolidation as Senator Lummis warns the Clarity Act could stall until 2030, dampening hopes for federal market-structure legislation.
  • Strong August payrolls also reduced Fed rate-cut odds to 50/50, weighing on major tokens like Solana, despite support from existing regulatory agency classifications.
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