US Clarity Act unlikely to be ‘world-shaking’ for Bitcoin’s price: Brandt

Veteran trader Peter Brandt stated that the potential passage of the US Clarity Act, while necessary for regulation, is not a "world-shaking macro development" that should redefine Bitcoin's value. His comments followed White House czar David Sacks indicating the landmark crypto legislation could pass in January. Brandt views the Act as positive because it would clarify the regulatory structure for crypto assets, though he doesn't expect it to drive Bitcoin to new all-time highs immediately. Echoing this, Ledn’s CIO John Glover believes the news is already "priced in," expecting any price benefits to be delayed but supporting a long-term upward trajectory. Brandt also maintained his view that Bitcoin is in a bear market, suggesting a potential drop to $60,000 by Q3 2026, although the Clarity Act might moderate his downside bias.

(Source：Cointelegraph)