JP Morgan Analyzes the Stagnation of the Clarity Act as a Headwind for the Cryptocurrency Market

Decreasing Probability of Passage

Analysts at financial giant JP Morgan indicated in a report on the 30th that the decreasing likelihood of the Clarity Act passing the Senate within the year could be a setback for the cryptocurrency market. While the bill is generally positive for the cryptocurrency industry, certain provisions in the current draft could potentially hinder institutional investors' entry.

Prediction markets now estimate the probability of passage within the year at 37% on Kalshi and 26% on Polymarket, both marking the lowest levels since the beginning of the year.

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