The crypto market,
briefed in 60 seconds.

Senate won't vote on crypto Clarity Act before its summer break — The U.S. Senate will not vote on the Clarity Act this month, reducing chances the bill becomes law this year.

Why Sandisk and Western Digital crashed 10% and what it means for bitcoin — Strong earnings failed to satisfy investors, suggesting capital may rotate from AI winners into crypto and bitcoin.

Crypto for Advisors: Europe's crypto rules, U.S. Preview — CoinDesk newsletter discusses European regulatory developments and offers a preview of upcoming U.S. crypto policies for financial advisors.

JPMorgan says Hyperliquid ETF inflows have stalled as competition mounts — JPMorgan reports Hyperliquid ETF demand cooled in July and August after leading inflows earlier, due to rising competition.

Free Markets and Innovation, Sort Of — Blockchain Association's Summer Mersinger argues the Journal mischaracterizes the pro-competition Clarity bill, defending it as innovative and consumer-friendly.

Bitcoin's low volatility doesn't necessarily mean low risk — Low price swings in bitcoin can hide underlying risks, as calm markets may precede sharp moves.