Crypto market cap hits $2.245T ahead of CLARITY Act release, Alan Rogers notes

Crypto market cap hits $2.245T ahead of CLARITY Act release, Alan Rogers notes
Crypto market cap hits $2.245T

Alan Rogers highlights that BTC is trading at $62.6K and ETH at $1.82K, with total crypto market capitalization reaching $2.245 trillion.

The CLARITY Act text is anticipated to be released Thursday following a meeting with President Donald Trump, although Senate Democrats reportedly remain opposed, according to Politico.

Recent volatility has led to over $173 million liquidated across crypto markets, as Bitcoin dipped below $63,000 and ETF flows recorded outflows for BTC and ETH. Alan Rogers also reported Robinhood’s launch of a DeFi chain, which has secured $80 million in total value locked and $200 million in stablecoins. These developments have contributed to ongoing shifts in market sentiment.

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