Senate CLARITY Act Vote Sets Stage for $3.30T Crypto Target
With the Senate set to vote on the CLARITY Act on September 15, analysts see a potential path from the current $2.61 trillion market cap to $3.30 trillion, supported by an approaching golden cross and broader regulatory frameworks for digital assets.
Grayscale notes that the 50-day and 200-day moving averages are nearing a golden cross, which could provide technical support for a push toward the $3.30 trillion target, while also flagging a downside risk to $2.15 trillion if the Senate vote fails to spur demand. The firm suggests that regulatory clarity on stablecoins and tokenized securities could extend the market's expansion to $4.50 trillion by 2026 if momentum holds.
Source: GN markets/crypto (en-US)Total crypto market capitalization stands at $2.61 trillion. A positive Senate vote on September 15 could drive the total to $3.30 trillion.
Source: GN markets/crypto (en-US)
