Market Stays Calm Ahead of CLARITY Act Vote, But Volatility Looms

The cryptocurrency market is currently in 'pre-clarity mode' as it awaits the upcoming vote on the CLARITY Act, which is roughly two weeks away. According to one expert, this calm period will soon give way to increased daily volatility once lawmakers cast their votes.

Looking at prediction markets, such as Kalshi, the expert noted that traders are currently focused on where XRP's price may go next. While no clear consensus emerged, one possible target mentioned was $7.