Crypto stocks rebound after CLARITY Act selloff

The rebound suggests the earlier CLARITY Act-driven selloff was more about legislative uncertainty than a repricing of crypto equities' fundamentals. The more telling detail is that the CFTC and SEC are proceeding with crypto-related actions under existing authority, which means regulatory pressure and clarity can advance without new legislation. For crypto-linked companies, that shifts the risk map: the question is no longer only what Congress passes, but how aggressively the agencies use the powers they already have. Whether this rebound holds, or whether agency actions reintroduce volatility, is the open question.