Polkadot Price Slumps Amid US Regulatory Uncertainty Ahead of CLARITY Act Vote
Polkadot (DOT) is facing increased regulatory uncertainty as the US prepares for the pivotal CLARITY Act vote this week. The upcoming vote has introduced new risks to the market, affecting institutional willingness to take on DOT and similar tokens.
The price of DOT has fallen by 8.04% to $0.949 in a strong bearish momentum. It is likely to consolidate between $0.89 and $1.008 in the short term, reflecting typical volatility bands relative to current levels.
Regulatory uncertainty grows as US lawmakers weigh the CLARITY Act, which has already affected institutional sentiment and risk appetite toward DOT. The ongoing legal debates signal a cautious stance among market participants.