#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