CLARITY Act Faces Sub-50% Odds as Senate Clock Ticks Toward August

Jefferies analyst Andrew Moss and his team warned Monday that the CLARITY Act, the defining crypto regulation bill of this Congress, faces a compressing Senate window, with Polymarket odds of passage by end-2026 now sitting at 48%, down from 70% in mid-May. The bank is flagging elevated near-term crypto volatility across both tokens and blockchain-related equities as the legislative outcome sharpens into a binary eve…