The cryptocurrency market dropped 0.84% over the last 24 hours amid cautious trading, Fed uncertainty, and upcoming U.S. regulation talks.
Bitcoin, Ethereum, and Dogecoin are currently responding to the potential of such significant structural shifts in accordance with the CLARITY Act proposal.
The impact of delayed Fed reduction and stricter U.S.regulations are being weighed by traders as the new crypto cycle shapes up.
CLARITY Act Could Reshape Bitcoin, Ethereum, and Dogecoin Prices
Bitcoin price recovered from a recent dip to $89,200, bouncing toward $91,300, but remains well below its 2025 high. The year-end run-up was unable to surpass the $95,000 mark, affirmation of the resistance and profit-taking.
If bulls regain momentum, the Long-term Bitcoin forecast could push to $92,000. A breakdown below $88,000 may trigger a deeper retracement.
Ethereum hovered between $3,100 and $3,200, showing slight daily losses but holding onto weekly gains of over 6%.
After the consolidation, the price was trading close to $3,131. Should the bullish forces accumulate, the ETH price eyes a recovery above of $3,500 in the near future.
Nonetheless, a mood decline once more will push Ethereum under $3,000, and it will test a lower support at the $2,900 level. Dogecoin surged 23% last week but failed to hold above its $0.16 resistance. It currently trades near $0.1428.
The higher levels declined to reject DOGE to the area where it is getting back to being supported by buyers around the $0.14 area.
A loss of this zone may cause a slip to the level of $0.13, but it can bounce back to the level of $0.16 on the support.
What Is the CLARITY Act and Why It Matter
The CLARITY Act is meant to control the trade of crypto by prohibiting the use of spoofing, wash trading, and false volume. It requires demonstration of reserves, frequent audits of exchange, and provides regulators with real-time access to transaction information and risks.
The bill aims at deterring opaque liquidations, front running, and untraceable losses such as the 100 billion dump in the last October.
These rules will be more transparent in case the CLARITY Act is enacted, and the legal risk of the U.S.-based institutional investors will decrease.
U.S. Senate Committees to Debate Bill on January 15
The Senate Banking and Agriculture Committees will start formal markups of the CLARITY Act on January 15. This procedure involves debate and amendments with a vote that will decide whether the bill will go to a Senate floor or not.
🚨 SENATE BANKING COMMITTEE WILL VOTE ON THE CRYPTO MARKET STRUCTURE BILL ON JANUARY 15.
This bill could change how crypto trades forever.
The CLARITY Act is a market structure bill focused on one thing: stopping manipulation and bringing real transparency to crypto markets.… pic.twitter.com/a9SZckZv7S
— Bull Theory (@BullTheoryio) January 8, 2026
The two-committee format is an indication of the complexity of the bill, since it touches upon both securities and commodities with the help of different regulators. It can also resolve jurisdictional disputes between the Securities and Exchange Commission and CFTC on how to define and regulate crypto assets.
What to Expect for Bitcoin, Ethereum, and Dogecoin Prices
In the event the bill goes through, market structural will change such that institutions can explore other altcoins other than Bitcoin. That would provide Ethereum and Dogecoin with liquidity, and Bitcoin with a better price discovery and lower risk of manipulation.
The volatility is expected to continue to be high until after the January 15 ruling, which has the potential to transform the U.S. crypto markets in a profound manner