Crypto Tailwinds Gather Following the Market’s Big Move
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| By Marija Matic |
The Official Trump (TRUMP, Not Yet Rated) memecoin has spent the past two days cooling off, yet it remains up a powerful 64% on the week.
This memecoin isn’t on my short list for my portfolio. But the reason behind its latest climb is important for every investor to note.
Because it didn’t just run alongside the broad market.
The token caught a massive bid following news that President Trump hosted crypto industry executives at the White House, where he urged Congress to pass the Clarity Act.1
This push for regulatory clarity ties directly into the administration's broader macro playbook …
See, the Clarity Act acts as the green light to scale the market under the Genius Act. Which mandates that stablecoin issuers back their circulating supply with short-term U.S. Treasurys.
According to reports from the Wall Street Journal,2 this legislative pairing perfectly feeds Treasury Secretary Scott Bessent’s strategic initiative to shift government borrowing toward shorter maturities.
On Thursday, the U.S. Treasury announced it would increase buybacks of longer-term bonds. And this can be funded by issuing more short-term Treasury bills.
The passing of Clarity — and the stablecoin growth it would create — could spark a new wave of organic demand for exactly those shorter-dated instruments.
Bessent has previously highlighted projections indicating that the stablecoin market could balloon from its current $300 billion framework to nearly $4 trillion.3
The end result, hopefully, is to slash overall government borrowing costs.
Here’s what investors should watch …
There's one last shot for the CLARITY Act to pass this year, and it comes down to the vote on Sept. 15, 2026.
If it passes, that's the bullish case, plain and simple — a real tailwind as we head out of the bear phase.
I'd expect very high volatility immediately after such news though, as strong demand collides with part of the market taking profit on a long-awaited catalyst finally being behind us.
If it doesn't pass, the more likely path is a correction with some sideways chop. But not for long.
So a near-term dip wouldn't surprise me.
And, when you zoom out, this outlook falls right in line with my colleague Juan Villaverde’s latest cycles analysis. He still expects a modest pullback between late September and October.
So don’t be alarmed if that plays out, regardless of what happens with Clarity.
Especially when you consider what happened this past weekend.
How Far Did the Big 3 Run?
Crypto’s spirited run over the past few days was a message that came through loud and clear: The bottom is in. And having a solid floor under your feet … is critical for any asset that wants to move meaningfully higher.
In this latest run, altcoins provided the high-beta fireworks. In fact, I highlighted the three that outperformed enough to catch my attention.
But make no mistake. Those altcoins wouldn’t have had a runway at all if not for crypto’s foundational heavyweights.
The big three — Bitcoin (BTC, “B+”), Ethereum (ETH, “B+”) and Solana (SOL, “B-”) — provided the raw structural fuel for the rally. And they moved with violent velocity …
- BTC surged ~23.4%, spearheading the macro breakout and sucking sidelined capital back into the risk curve.
- ETH outpaced the market leader with a ~29.8% gain, breaking out of a multi-month consolidation range.
- SOL advanced 26.6%, sustained by the immense, non-stop economic fee volume generated by its primary consumer applications like Pump.fun (PUMP, “C-”).
Here’s how each stacked up against the other …
This is an important lesson: While these large-cap market dominators did not post the biggest gains over the week, they are the most important.
Bitcoin most of all.
Because where Bitcoin goes … the market follows. And if it doesn’t go anywhere, altcoins won’t either.
Earning an honorable mention this week is Stacks (STX, “E-”), which put on an absolute clinic by rallying over 87.4% in seven days.
This is the market's leading and most established Bitcoin Layer-2 network. As such, Stacks has effectively solidified its role as the high-convexity vehicle for the broader Bitcoin ecosystem.
Which means it could present an interesting opportunity. Especially for market participants looking for a higher-risk, higher-reward vector to express a bullish Bitcoin thesis … without leaving the smart-contract layer.
STX may continue to act as the ultimate ecosystem multiplier after bottoming phase.
$82,000: The Next Critical Crossroad
The macro momentum driving this rally is undeniably potent. But the market is quickly coming to a critical crossroads …
If we want to see this explosive altcoin expansion continue, Bitcoin has to keep up the momentum.
So, how the underlying king of the market reacts to its next major, definitive structural resistance level is a must-watch event for any investor.
That level sits near $82,000.
A clean break and flip of this level could trigger a historic supply-squeeze across the entire sector.
A rejection, however, will dictate a healthy, much-needed pause for the broader market.
Here’s how to prepare: Keep your risk managed and monitor the liquidations.
And in the meantime, don’t forget to enjoy the green candles on your crypto charts.
Best,
Marija Matić
2https://www.wsj.com/finance/investing/why-scott-bessent-is-playing-with-the-treasury-market-828256d4
3https://qz.com/trump-crypto-clarity-act-bessent-treasury-stablecoins-082426
