A prominent crypto analyst has declared that a market crash similar to the October 10 event, which saw $20 billion in liquidations, is unlikely to happen again. The October crash, which led to significant losses and altcoin bankruptcies, marked the end of a bull cycle for many bearish analysts. However, optimism is growing around the proposed Clarity Act, which aims to eliminate regulatory ambiguities in the crypto market. The Clarity Act, set for a Senate Banking Committee vote on January 15, is expected to provide much-needed regulatory clarity, potentially reducing market volatility and manipulation. If passed, the bill could become law by March 2026, paving the way for increased institutional investment and a more stable crypto market. Supporters believe this legislation could prevent future market crashes and signal a shift towards greater maturity and integration with the global financial system.
Crypto Analyst Predicts October 10 Crash Unlikely to Recur Due to Clarity Act
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