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Crypto market may dip on rumors around CLARITY ACT's passage, warns Ethereum builder.

Market News
24 Jul 2026
Zycrypto
View Source
Bearish
pluang ai news

A prominent Ethereum builder warned that the crypto market could experience a dip driven by rumors about the CLARITY ACT, a bill currently under consideration in the U.S. Senate. Market players might see a weak price rally based on hopes the bill will pass, but if it doesn't, prices could fall even further. This reflects the common crypto pattern of "buying the rumor and selling the news," where hype leads to temporary gains followed by sell-offs when expectations aren't met. The CLARITY ACT, which aims to unlock innovation in crypto, has a 43% to 60% chance of passing before the August recess, keeping market participants on edge.

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