The impact of the Crypto Bill on the market next week, everyone ❤️
💥 The main bills include:
– GENIUS Act (on stablecoins, passed by the Senate on June 17)
– CLARITY Act (defining the scope of regulation between the SEC and CFTC)
– Anti‑CBDC Surveillance State Act (preventing the Fed from issuing CBDC).
💥 Scenario prediction:
1. If DL is supportive (Positive):
- Clearly legalize the classification of digital assets (which coins are commodities, which coins are securities).
- Assign regulatory responsibility to CFTC instead of SEC (CFTC is “easier to breathe”).
- Promote stablecoins with a clear legal corridor.
- Protect ownership of digital assets for individuals/organizations in the US.
- Allow pension funds and banks to officially invest in crypto.
-->> Market reaction:
- BTC, ETH and top coins increase strongly, institutional money flow may continue to push in.
- Altcoins that were once called "securities" by SEC (ADA, SOL, MATIC, ATOM...) may recover strongly.
- Volume and investor psychology are strong, may create a short-term peak break if there are supporting technical factors.
2. If DL is tightening (Negative):
- Regulate all tokens (except BTC) as securities.
- Strict KYC/AML requirements for decentralized wallets (DeFi).
- Tighten the operation of unlicensed stablecoins.
- Strengthen SEC's power to comprehensively monitor the market.
- Ban pension funds or banks from investing in crypto.
-> Market reaction:
- BTC and ETH may be under pressure to decrease first (profit taking), but BTC usually recovers quickly.
- Altcoins and DeFi are heavily affected, they can dump 10-20% if there is a sudden squeeze.
- FUD sentiment is widespread, trading volume decreases in the short term.
💥 bG separates it so that everyone can understand, but I think there will be a two-way reaction, because once it is a legal document, there will be both support and squeeze.