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This feels like an inflection point for crypto
CLARITY Act odds reportedly moved from around 22% to 32% after Trump’s ethics deal
That matters but 32% is still far from becoming law
The Senate needs 60 votes and political resistance is already building
At the same time the Fed can have a much faster impact on markets
A rate hike with inflation at 3.4% and elevated oil prices could tighten liquidity before regulatory clarity even arrives
My view is simple
CLARITY could change the rulebook for institutions
The Fed still controls the money
This week I’m watching the follow through not just the headlines
#CLARITY