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Bitcoin could hit $200,000 if the CLARITY Act passes, but seven key Senate roadblocks remain.

Market News
26 Jul 2026, 23:42 WIB
BeInCrypto
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Bullish
Bitcoin could hit $200,000 if the CLARITY Act passes, but seven key Senate roadblocks remain.

Analysts suggest Bitcoin might reach $200,000 if the CLARITY Act becomes law, as it would enable more institutional investment and reduce regulatory risks. However, the bill faces seven significant obstacles in the Senate, including opposition from seven Democrats who previously supported crypto legislation, the need for bipartisan support to reach 60 votes, and timing challenges before the November midterms. The bill also raises concerns about allowing former President Trump to profit from crypto ventures, complicating its passage. Market sentiment is cautiously optimistic, but major banks like Citi have lowered Bitcoin price targets due to legislative delays.

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