Polymarket pricing for the bill’s passage by year-end dropped from 70%, narrowing the Senate path and highlighting regulatory uncertainty for digital-asset markets.
Jefferies said crypto markets could face higher volatility as the CLARITY Act’s route through the Senate appears to be narrowing. The warning came as Polymarket, a prediction market, showed the odds of the bill passing by year-end falling to 48% from 70%, underscoring how shifts in U.S. crypto legislation can quickly feed into market sentiment.