White House director predicts crypto surge post-CLARITY Act passage

Patrick Witt, Executive Director of the White House Presidential Advisory Council on Digital Assets, predicted a rapid rise in cryptocurrencies following passage of the CLARITY Act. On Polymarket, Bitcoin reaching $80,000 in April trades at 11% YES, down from 30% yesterday. Market reaction Bitcoin prediction markets moved sharply after Witt’s statement at the Bitcoin 2026 conference. The Bitcoin Price Targets market dropped from 56% to 18% in a single 37-point move before stabilizing at 11%. Traders are pricing in skepticism about immediate impact, given the legislative timeline. Why it matters The market predicting Bitcoin dipping to $60,000 remains unaffected, which suggests traders see the regulatory environment as a long-term bullish factor rather than an immediate catalyst.

…

Excerpt limited to ~120 words for fair-use compliance. The full article is at Crypto Briefing.