Bitwise CIO Matt Hougan Adjusts His Crypto Outlook After the Senate Vote. Here's What He Changed

Bitwise CIO Matt Hougan Adjusts His Crypto Outlook After the Senate Vote. Here's What He Changed

In a memo, Bitwise Chief Investment Officer Matt Hougan compared the CLARITY Act to crypto’s Punxsutawney Phil, suggesting a failed Senate vote would lead to prolonged stagnation for the sector. The bill was defeated on September 15, 2026, by a vote of 49 to 50. The next day, he withdrew his warning, framing the setback […]

LINK Tests Key Support as Senate Crypto Bill Faces Defeat

LINK holds near $10.87, with $10.85 acting as crucial support after September’s rally. Senate rejection of the CLARITY Act adds uncertainty across crypto markets. Institutional adoption grows through Proof of Reserve and CCIP infrastructure expansion. Chainlink — LINK, is facing a crucial test near $10.87. The token recently pulled back after September’s spike above $13. Meanwhile, fresh political uncertainty has pressured the broader crypto mar…

Bitwise CIO Matt Hougan Adjusts His Crypto Outlook After the Senate Vote. Here’s What He Changed

The post Bitwise CIO Matt Hougan Adjusts His Crypto Outlook After the Senate Vote. Here’s What He Changed appeared first on 24/7 Wall St.. In a memo, Bitwise Chief Investment Officer Matt Hougan compared the CLARITY Act to crypto’s Punxsutawney Phil, suggesting a failed Senate vote would lead to…