Galaxy Digital Head of Research Alex Thorn gives the CLARITY Act 70% odds of passing and says it could put Bitcoin (CRYPTO: BTC) “on a path to new all-time highs” if signed into law.

Nine Weeks Left To Pass Before August Recess

Congress has about nine weeks of session time left before the August recess, with 6 to 7 weeks of work needed to get the bill to President Trump’s desk, Thorn said in an interview with Cointelegraph on Thursday.

After August, very little gets done through the midterm elections in November.

The Senate Banking Committee advanced the bill last week on a bipartisan basis after Senator Ruben Gallego (D-AZ) and Senator Angela Alsobrooks (D-MD) broke ranks to vote…

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