The Clarity Act is gaining significant attention as a potential catalyst for the cryptocurrency market, with the March 1 deadline for settling reward provisions looming. Social volume around the legislation has surged, indicating its potential to drive market volatility. Santiment data suggests that the Clarity Act could provide regulatory transparency, attracting institutional inflows and legitimizing the crypto space. However, any setbacks could lead to increased fear, uncertainty, and doubt, impacting Bitcoin and altcoin prices. Meanwhile, the hype surrounding the Jane Street lawsuit, which briefly fueled a crypto rally, is fading. The lawsuit accused the quant firm of manipulating crypto prices, but market interest has waned as the news has been absorbed. Additionally, concerns over global tariffs, initially seen as a macroeconomic drag, have diminished but remain a factor in the broader market landscape. As the deadline approaches, the Clarity Act's outcome could determine whether the market experiences a bullish breakout or a corrective downturn.