#USStablecoinBill USStablecoinBill Markets Bleed Red — Uncertainty Grips Crypto & Capitol Hill
₿ Bitcoin slides below $94K
Ξ Ethereum dips under $1,800
◎ Solana plunges past $145
Meanwhile in Washington:
Nine pro-crypto Democrats have pulled their support for the stablecoin bill, reportedly under pressure from Senators Schumer and Warren.
Concerns raised: National security and AML risks.
Now, both the markets and Congress are in disarray.
Two camps emerge:
🟢 Dip buyers see opportunity:
Past pullbacks in 2023 sparked 30%+ rebounds
Bullish indicators: BTC halving, ETF inflows, institutional interest
🔴 Cautious traders stay sidelined:
Fears of further drops
Unresolved regulatory tensions
Global macroeconomic uncertainty
Stablecoins at a crossroads:
U.S. innovation risks stagnation in regulatory deadlock
EU and Asia may seize