#USCryptoWeek

Bitcoin recently hit another all-time high, trading above $118,000, driven by strong inflows into spot ETFs and overall bullish sentiment.

**"Crypto Week" kicks off July 14**, when the House is set to vote on three bills: the GENIUS Act (stablecoins), Clarity Act (crypto market structure), and Anti‑CBDC Surveillance State Act.

GENIUS Act, already passed by the Senate 68–30 in June, could be signed into law by President Trump shortly if approved by the House.

Democrats are pushing back, labeling the week “anti‑crypto corruption week,” and expressing concerns over deregulation and consumer protections.

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⚖️ Why it matters:

Provides long-sought regulatory clarity for the U.S. crypto sector.

Boosts institutional confidence, likely spurring more treasury Bitcoin holdings and ETF inflows.

Critics warn legislation favors industry players over consumer protection and may reduce oversight.