Clarity odds jump to 43% on Polymarket after unverified reports Trump agreed to ethics deal
Bettors moved the crypto market structure bill to a 43% chance of passing this year, up from a record low last week, though the reports remain unconfirmed and no bill text has appeared.
Make preferred on
Share this article
Summary
- Polymarket traders sharply increased the implied odds that the Clarity Act will become law this year after reports that President Trump accepted an ethics provision that had stalled the bill.
- The ethics dispute, focused on how much top officials can profit from crypto while in office amid scrutiny of Trump’s memecoins and his family’s World Liberty Financial stake, has been the final major obstacle to the bill, whose text Democrats say they have not yet seen.
- Major tokens including bitcoin, ether and XRP recorded gains following the Polymarket movement, though traders largely attributed the rally to strength in AI and semiconductor stocks.
Related Assets
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
CEX trading volumes rose for the first time in five months in June, with spot climbing 15.3% to $1.11T and RWA perpetual volumes surging to a record $311B.
CEX trading volumes rose for the first time in five months in June, with spot climbing 15.3% to $1.11T and RWA perpetual volumes surging to a record $311B.
Why it matters:
CEX trading volumes rose for the first time in five months in June, with spot climbing 15.3% to $1.11T and RWA perpetual volumes surging to a record $311B.
