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Bitwise CIO Says Bitcoin (BTC) Gained 8% After CLARITY Act Stalled

COINOTAG·October 1, 2026·1 min read
Bitwise CIO Says Bitcoin (BTC) Gained 8% After CLARITY Act Stalled

Bitwise CIO Matt Hougan calls the CLARITY Act's Senate failure a net win: Bitcoin rose 8% since the vote. SEC relief now covers tokenized stocks and buybacks, easing regulatory pressure on crypto markets. The stalled bill may have imposed stricter rules, so its defeat is seen as positive.

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