Jeffrey claims that the CLARITY Act faces legislative obstacles in the Senate, with a 48% chance of passing

The Jeffrey report states that the CLARITY Act in the United States is facing legislative obstacles in the Senate, and the probability of passage has decreased from 70% in mid May to 48%. The bill was passed by the Senate Banking Committee with a vote of 15-9, but there are only about 20 legislative days left until the August recess of Congress. The bill still needs to be integrated, voted on procedurally, coordinated with the House version, and submitted to the President for signature. Jeffrey expects that the progress of the bill will affect the market performance of cryptocurrency concept stocks such as Circle, Coinbase, Bullish, and some cryptocurrency assets.