US Clarity Act Will Not Move Needle On Bitcoin's Price: Analysts
Peter Brandt believes the potential passage of the US Clarity Act will not significantly affect Bitcoin’s price, describing it as an important but not transformative regulatory event. He argued that regulation, particularly for an asset whose investors often preferred minimal oversight, does not fundamentally change Bitcoin’s value. Brandt and Ledn CIO John Glover emphasized that expectations for the Clarity Act are already priced into the market, so an immediate price impact is unlikely. Glover noted that while the legislation aids mainstream acceptance of crypto assets over time, any positive price effects are expected to unfold gradually. Brandt sees Bitcoin currently in a bear market, projecting a possible decline to $60,000 by Q3 2026—a 31% drop from $88,000. The Clarity Act, advocated by figures such as Senator Cynthia Lummis, is viewed as a constructive step for crypto regulation and industry clarity, though ongoing legislative negotiations have caused some industry concern about delays. Overall, passage is seen as beneficial for crypto's structural clarity but not a short-term price driver.
