
The standard read on the Clarity Act failing is bad for crypto, regulatory uncertainty returns, institutions get cold feet. 𝐒𝐨𝐥𝐚𝐧𝐚 is up 𝟏𝟐% on the day anyway. Ethereum and Bitcoin are both sharply higher on the week. The market already gave its answer.What actually happened is that the CFTC moved immediately, sending its own framework to the White House for review. The regulatory path didn't close, it shifted. And a lot of people in crypto would rather deal with the CFTC than the SEC, so the legislative failure may have landed as a net neutral or better for certain assets.The bid here looks structural, not speculative. A market that absorbs a rate hike and a congressional failure and prints new highs is telling you the underlying demand is 𝐫𝐞𝐚𝐥. You can disagree with the valuation but the price action is not the behavior of a fragile rally. 📈 via /r/solana https://ift.tt/as3niqP

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