Clarity Act is seen as a catalyst for Bitcoin and crypto, Scott Melker notes

Clarity Act is seen as a catalyst for Bitcoin and crypto, Scott Melker notes
Clarity Act possible crypto delay

Scott Melker, owner and content creator, reports that Charles Schwab's director of crypto research and strategy, Jim Ferra Ioli, views the Clarity Act as a major catalyst for Bitcoin and the broader crypto market.

However, according to Ferra Ioli, if the Clarity Act does not pass within the next few weeks, its progress could be delayed until after the U.S. midterm elections.

Melker recently reported that Vitalik Buterin expects Ethereum's next major rebuild to match the impact of the Merge. In another update, he noted that JPMorgan raised its S&P 500 year-end target to 7,800 on strong AI-driven earnings and reduced geopolitical risks. These developments follow ongoing coverage of major industry shifts.

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