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      tldr; Veteran trader Peter Brandt stated that the potential passage of the US Clarity Act is unlikely to significantly impact Bitcoin’s price, though it would be a positive step for the crypto industry by clarifying regulatory structures. Brandt and others, like Ledn’s John Glover, believe the legislation has already been priced into the market and won’t cause immediate price surges. While Brandt sees Bitcoin in a bear market, he acknowledges the Clarity Act could moderate downside risks and support long-term acceptance of crypto assets like Bitcoin and Ethereum.

      *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

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