Crypto legislation outlook: 'Cooler heads will prevail'
Market Intelligence Analysis
AI-PoweredBitcoin prices are near annual lows due to the CLARITY Act being put on the back burner, but a former House Financial Services Committee chairman is optimistic about the future of crypto regulation.
Market impact analysis based on neutral sentiment with 70% confidence.
Article Context
Bitcoin (BTC-USD) prices are hovering near their annual lows, wiping out nearly $500 billion in market value. This comes as crypto's CLARITY Act is on the political back burner. Ondo Finance vice chairman and former House Financial Services Committee chairman Patrick McHenry joins Market Domination host Josh Lipton to discuss crypto legislation and the future of its regulatory framework. To watch more expert insights and analysis on the latest market action, check out more Market Domination.
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