Crypto markets rise as Clarity Act passage odds climb near 30%

  • Crypto markets rose as Clarity Act optimism revived risk appetite.
  • Bitcoin gained as much as 1.5% to $78,452 and approached $80,000.
  • Republican senators released a final draft before procedural votes later this week.

Crypto markets rose Monday as optimism over the U.S. Clarity Act revived risk appetite. Polymarket odds of the bill passing this year climbed from about 14% to nearly 30%, while Bitcoin gained as much as 1.5% to $78,452 and again approached $80,000. Coinbase rose as much as 8% and Circle gained as much as 6.4%; the existing trading record also showed Bullish up more than 9% and Strategy about 3%. Republican senators released a final draft before promised procedural votes later this week, adding Treasury authority over deposit-flight risks at community banks and ethics requirements for the president and other elected officials holding cryptocurrencies. Clear Street analysts called the ethics compromise incrementally positive for Coinbase, Circle and Bullish.

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