Banks reach compromise on crypto bill, boosting Bitcoin price outlook above $68,000

Banks have reached a compromise on the CLARITY Act, a crypto market structure bill aiming to create federal regulations for cryptocurrencies. This deal bans passive yields but allows activity-based rewards to prevent bank deposit flight, following previous stablecoin regulations. The compromise is expected to enhance regulatory clarity and institutional confidence, supporting Bitcoin's price to surpass $68,000 in early May. Investors should watch for the bill's text release and reactions from policymakers and financial institutions for further market impact.