Bitwise 'Strong Market Can Continue Without Clarity Act'

American Digital Asset Market Structure Act, known as Clarity Act, faces challenges in Senate passage but a forecast suggests the digital asset bull market could continue. On April 16 (local time), Hogan, Chief Investment Officer at Bitwise, highlighted in an investor memo that Bitcoin has touched $80,000 even as the likelihood of passing the bill diminishes. Hogan revised previous forecasts that the digital asset market would face difficulties for weeks if the Clarity Act fails. The Clarity Act was last discussed on April 15 [...]