Prediction market sentiment has turned sharply against the Crypto Clarity Act, with Polymarket odds for the bill passing in 2026 falling to roughly 31%. That marks a steep reversal from levels above 70%, reflecting a fast change in expectations around one of the most closely watched crypto regulation proposals in Washington.
The drop suggests traders now see a much harder path forward for the legislation before Congress heads into recess. Even with reported lobbying from the White House, the market is increasingly pricing in delays and a lower chance of a near-term breakthrough.
A key factor weighing on confidence appears to be renewed ethics concerns tied to President Donald Trump, according to the market reaction described in the report. Those concerns have added another layer of political uncertainty at a time when the bill already faces a narrowing legislative window.
For the crypto industry, the shift highlights how quickly optimism around federal rules can fade when procedural delays and political controversy collide. With recess looming and momentum weakening, the Crypto Clarity Act now appears far less likely to advance on the timetable many supporters had hoped for.