Crypto Will Survive Even If Clarity Fails This Week
Bitwise Chief Investment Officer Matt Hougan says the crypto market will stay strong regardless of whether a major regulatory bill passes Congress this week.
coinbeat.newsThe US Congress is heading into a month long recess next week, leaving just a three day window for the Clarity bill to advance through the Senate. Many traders are watching this tight schedule closely, wondering what it means for short term market momentum.
However, Bitwise Chief Investment Officer Matt Hougan recently shared an optimistic view with the community. He noted that the digital asset sector will continue to grow and succeed even if lawmakers fail to pass the legislation before the break.
Market watchers should keep an eye on Senate proceedings over the next few days for any surprise votes. Long term fundamentals remain strong regardless of the immediate legislative outcome.
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