Democrats reportedly attempt to block CLARITY Act in Senate: CNBC

Democrats are reportedly attempting to block the CLARITY Act in the Senate. This crypto market structure bill must pass within 15 days before the August recess begins. Separately, there is a 2.1% YES probability that Bitcoin will reach $200,000 by December 31, 2026. The US Senate faces a strict deadline to address the legislation before the scheduled break, while market participants monitor the potential price trajectory of the leading cryptocurrency asset.