Polymarket's prediction that the probability of the "Clarity Act" passing before 2026 has plummeted from 82% to 53%, indicating a significant decline in market confidence in the recent US cryptocurrency regulatory outlook. This shift coincides with macroeconomic pressures from new 15% global tariffs, pushing the Crypto Fear & Greed Index into the 11-14 "Extreme Fear" zone. Major cryptocurrencies are testing key support levels, with Bitcoin under pressure around $65,000, and Ethereum falling below $1,890. The market is struggling to cope with a new wave of institutional uncertainty and macroeconomic friction.