- The U.S. Senate is about to vote on the Crypto Market Structure Bill.
- Crypto users expect different market outcomes based on whether the bill passes.
- It is a bill that aims to resolve jurisdictional disputes between the CFTC and the SEC.
A DeFi Researcher 0xNobler, has predicted significant volatility in the crypto market on Tuesday, January 27, following an upcoming event at the U.S. Senate. According to him, the market will move significantly no matter the event’s outcome, but the main concern is in what direction the movement will be.
U.S. Senate to Vote on Bill Tomorrow
According to the Senate’s schedule, the lawmakers will vote on the Crypto Market Structure Bill, a proposed legislation designed to establish a comprehensive federal regulatory framework for digital assets, defining when tokens are securities or commodities. It is a bill that aims to resolve jurisdictional disputes by giving the Commodity Futures Trading Commission (CFTC) authority over spot markets and the Securities and Exchange Commission (SEC) oversight of digital securities.
In his latest post on X, the DeFi Researcher described the bill as a piece of legislation designed to reduce market manipulation in crypto. According to him, passing the bill will trigger a parabolic move across the cryptocurrency market, while failure to pass it will cause crypto prices to dump even more than they already have. Overall, the analyst expects high volatility in the crypto market after the U.S. Senate’s Tuesday session.
A Contrary View on Expectations
In the meantime, some respondents to his post are of a different opinion, with one such individual concluding that the upcoming Senate vote’s outcome will have no significant effect on the crypto market. According to the respondent, the crypto market no longer moves on news. He cited a few events in 2025 that left many crypto users disappointed after expecting the market to surge. The events include Donald Trump’s inauguration into office for the second term and the approval of a Bitcoin Reserve in the U.S. He expects market conditions to remain the same, without meaningful movements in crypto prices.
Related: Senate Pushes Ahead With Crypto Market Structure Bill
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