Veteran trader Peter Brandt suggests the US Clarity Act, while positive for the crypto industry, is unlikely to significantly impact Bitcoin's price. According to reports, Brandt believes the act will not "redefine" Bitcoin's market value. The Clarity Act aims to provide regulatory clarity within the digital asset space in the United States. While specific details of the act and Brandt's reasoning were not provided, the general sentiment is that regulatory developments have a limited influence on immediate price action.

Veteran trader Peter Brandt suggests the US Clarity Act, while positive for the crypto industry, is unlikely to significantly impact Bitcoin's price. According to reports, Brandt believes the act will not "redefine" Bitcoin's market value. The Clarity Act aims to provide regulatory clarity within the digital asset space in the United States. While specific details of the act and Brandt's reasoning were not provided, the general sentiment is that regulatory developments have a limited influence on immediate price action.