TRUST MONEY: THE CHANCE OF PASSING THE CLARITY ACT BEFORE THE MID-TERM ELECTIONS IN THE UNITED STATES IS STILL LOW

On 15 August, in the Weekly Merchandise Market Outlook, Cassandra stated that, as of the time of writing, the Bigwise 10 large encrypted currency index had fallen by 3 per cent since last Friday; Bitcoin had fallen by 3 per cent over the same period, and by 2 per cent in the Taifaf. Bitcoin continues to exhibit low-relevance asset characteristics, and the CPI and PPI published this week have limited impact on their prices. Last week, the United States Senate entered a summer recess and the CLARITY Bill failed to vote. Although the closing arguments for the bill are scheduled for 14 September, the probability of its adoption before the midterm elections remains low。