While Ripple CEO Brad Garlinghouse recently aligned with Donald Trump’s support for the CLARITY Act, investment bank TD Cowen has tempered market optimism. The bank stated that Trump’s social media posts are insufficient to drive meaningful progress in crypto legislation. Analysts noted that Trump’s direct involvement in the legislative process is unlikely at present, as the United States remains heavily occupied with the armed conflict with Iran. This geopolitical priority suggests that the 'crypto agenda' may face delays despite high-level political endorsements. Consequently, investors are reassessing the timeline for regulatory clarity, which could impact the price action of major instruments like BTC/USD and XRP/USD. The shift highlights a growing consensus that social media rhetoric may not translate into immediate policy changes during times of international crisis.
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