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Bitwise says four crypto sectors gained after CLARITY Act failed

Bitwise chief investment officer Matt Hougan said four crypto sectors gained advantages after the Senate failed to advance the CLARITY Act.

  • Bitwise named stablecoin platforms, established exchanges, tokenization businesses and revenue-generating tokens as sectors that benefited.
  • Coinbase was identified as the largest beneficiary of stablecoin balance rewards that platforms retained.
  • Hougan reported post-vote gains of 104% for NEAR and 49% for Uniswap.
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