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Is Circle’s ARC Token Legit? Bitcoin, Clarity Act, and Crypto’s Next Big Fight

In this episode of Token Narratives, Graham Stone and Alex Richardson break down two of the biggest crypto stories right now: Circle’s new blockchain and token launch, and the high-stakes Clarity Act markup in the US Senate.They start with the market backdrop: Bitcoin losing $80K support, debate over whether this is just another relief rally, and the growing split between bullish and bearish macro takes. The conversation covers Dave the Wave, Benjamin Cowen, long-term holder stress, and why this cycle may still be young even if the drawdown has felt relatively mild.The episode then dives deep…

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