Congressional Recess Looms Over Clarity Act & Bitcoin, Ethereum's 'Relative Strength'

Congress goes on recess next Friday and the Clarity Act still has not been voted on by the Senate. Charles Schwab's Nathan Peterson puts passage of the bill before then at a coin flip's chance and offers his expectations on what changes it will bring to Bitcoin and the greater crypto space. Sticking to regulation headlines, Nate explains what a change to the crypto wash sale means for crypto owners. He then turns to technical analysis for Bitcoin and Ethereum as both show signs of "relative strength."

29 Jul 2026

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