Matt Hougan, chief investment officer at Bitwise, has revised his outlook on the Clarity Act, a bill aimed at providing regulatory clarity for cryptocurrencies in the United States. He now believes the crypto bull market could continue even without legislation passing. This revision comes as the odds of the bill being adopted this year have decreased. Bitcoin climbed above the $80,000 mark in early September, demonstrating market resilience despite regulatory uncertainty.
Source: Read the original article

