'It's Now or Never' for Clarity Act, Confirms 'Bitcoin Senator' Lummis
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Cynthia Lummis, a long-time proponent of Bitcoin and digital assets, says Democrats are out of reasons to reject the Clarity Act, but supporters of the landmark cryptocurrency legislation may be out of time.
Key facts
Bitcoin sits at $76,212, down 3.3% and roughly 7% off its September high, while ether has dropped 4.64% to $2,414.55 and XRP is off 2.61% at $1.38
The House passed its version in July 2025 by a 294-134 vote
Traders currently see a 55% chance more than 50 senators vote yes today, but only a 32% chance the bill clears the 60-vote bar
To get there, Democrats need to join them in voting yes at 2:15
Summary
The Senate votes on cloture for the Clarity Act at 2:15 p.m. Cynthia Lummis says the revised bill folds in more than 120 Democratic demands, including new ethics restrictions Trump agreed to accept. Polymarket's odds on Clarity becoming law in 2026 fell to 19% Tuesday from 35% a day earlier, as Bitcoin slipped back below $77,000. Ahead of Tuesday's Senate vote, the Wyoming Republican argued that the final Clarity Act text gives Democrats what they asked for, including more than 120 negotiated changes and a new ethics framework covering the president, vice president, members of Congress and federal judges.