Ethereum (ETH) gained about 1.8% on July 18 as investors reacted to growing optimism that the U.S. Senate could soon vote on the CLARITY Act, a bill that may classify Ethereum as a digital commodity. The proposed legislation has boosted expectations of stronger institutional participation and improved regulatory clarity, helping support ETH despite recent market volatility. At the time of writing, Ethereum traded near $1,845 while testing support at its 50-day exponential moving average (EMA) around $1,812. Buyers have continued to defend this level, keeping the broader bullish trend intact…. Read more
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