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CLARITY Act Passage Could Boost BTC and ETH Prices in Q4, Says Tom Lee

Guavy AI Editorial Team
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Tom Lee, Fundstrat's co-founder and managing partner, predicts that Bitcoin (BTC) and Ethereum prices will surge in Q4 if the CLARITY Act passes this year. Speaking on CNBC, Lee identified four catalysts for a crypto comeback, with the bill being one of them.

The CLARITY Act aims to provide clarity on tax laws regarding cryptocurrency investments. According to Lee, its passage would drive up demand and prices for Bitcoin and Ethereum in Q4. He emphasized that this is just one of four factors that will contribute to the crypto market's growth by year-end.

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