Regulation· ★★★★· bearish·

$370M liquidated amid CLARITY Act uncertainty

  • Liquidations over 24 hours exceeded $370 million across long and short positions
  • BTC retreated from $79,000, giving up a 4% gain since Monday's open
  • Odds of the CLARITY Act passing this year fell to 14%
  • Solana ETFs: 12 straight weeks of inflows, Bitwise AUM at $993 million
Why it matters: A CLARITY Act failure would leave the U.S. crypto industry without clear rules and keep the market in a high-volatility mode until the Fed meeting.
Source: SolanaFloor