Market Anticipates CLARITY Act Vote Amid Fed Rate Hike Speculation

The market is pricing in an 85% probability of a Federal Reserve rate hike this week, marking a potential shift in economic policy. Meanwhile, the Senate is scheduled to hold a cloture vote on the CLARITY Act (US digital-asset market-structure bill), with recent adjustments to crypto ethics provisions aimed at securing bipartisan support. Despite macroeconomic pressures, including rising oil prices and bond yields, Bitcoin and Ethereum maintain stability as investors look toward regulatory clarity as a potential market catalyst.