Bitcoin and Ethereum have consolidated over the past 24 days through September 14, 2026, but higher volatility is expected this week due to several significant events in regulation and monetary policy.
CLARITY Act Vote Scheduled
On Tuesday, the Senate is expected to hold a procedural vote on the revised CLARITY Act, proposed legislation set to legalize the cryptocurrency space in the United States. A cloture vote—a procedural step used to end Senate debate and move to a final vote—is scheduled for September 15.
Wyoming Senator Cynthia Lummis announced that President Donald Trump has voluntarily agreed to an ethics package. Following this development, she urged Democratic Senators to support the bill, noting that the revised text includes more than 120 Democratic demands.
After 12 months of bilateral negotiations, the upcoming vote has improved prospects for the bill. According to Polymarket data, the probability of the CLARITY Act becoming law by the end of 2026 has risen to 32%, up from 14% at the beginning of September.
Federal Reserve Interest Rate Decision
On Wednesday, September 16, the Federal Reserve is expected to release its interest rate decision. Analysts are monitoring the potential for a rate adjustment, with Polymarket traders assigning an 80% probability to a 25 basis point rate hike and a 20% probability of no change.
Cryptocurrency Market Context
The cryptocurrency market capitalization has increased from $2.17 trillion on August 15 to $2.64 trillion as of press time. Following a 24-day period of relative calm, volatility is expected to spike in the coming days.
