JPMorgan Predicts Clarity Act Will Ignite Crypto Rally by Mid-2026

TLDR Bitcoin remains range-bound in the mid-$60,000 zone while ether hovers around $2,000, with trading activity subdued on leading platforms. According to JPMorgan, the Clarity Act represents a significant potential driver for cryptocurrency markets heading into late 2026. The proposed legislation would establish a dual regulatory framework with the SEC and CFTC overseeing different asset classes, while permitting projects to raise $75 million without standard SEC registration. Progress on the bill has slowed following Coinbase’s decision to withdraw endorsement, expressing concerns about its impact on innovation and market dynamics. Morgan Stanley is pursuing a federal trust charter from the OCC to provide digital asset custody services as part of its expanding crypto operations. The cryptocurrency market has experienced prolonged consolidation, with Bitcoin holding steady near the mid-$60,000 level for several weeks. Ether continues to trade in the vicinity of $2,000, while exchange volumes remain notably muted. Market participants are actively seeking developments that could spark fresh momentum. [[IMG_0]]Bitcoin (BTC) Price Analysts at JPMorgan believe they’ve identified a significant catalyst. A research note authored by Nikolaos Panigirtzoglou and his team highlighted the Clarity Act — proposed legislation aimed at establishing clear crypto regulations in the United States — as a potential driver for market appreciation in the latter half of this year. “We continue to believe that a potential approval of the market structure legislation most likely by mid year could serve as a positive catalyst for crypto markets,” the analysts wrote. The Clarity Act would establish a bifurcated regulatory framework between the Commodity Futures Trading Commission and the Securities and Exchange Commission. Digital assets would receive designation as either commodities or securities based on their fundamental characteristics. According to JPMorgan’s analysis, transferring ...