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The Nexus
BUSINESSMay 20 · 11:12 UTCR/CRYPTOCURRENCY/u/No-Fact-8828

Clarity Act passed, BTC pumped and dumped right after. Anyone else getting deja vu?

The Clarity Act has passed the Senate Banking Committee, providing a legal framework for crypto, but its impact on Bitcoin's price was short-lived. The act still needs to pass a full Senate vote and the House of Representatives. The market may have already priced in the expected regulation.

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