📌 Major Event: “Crypto Week” Begins in the U.S. Congress
Crypto Week officially kicks off today in the U.S. House of Representatives (starting July 14), with the review of three key bills: the CLARITY Act, the GENIUS Act (focused on stablecoins), and the Anti-CBDC Surveillance State Act (Business Insider).
These developments helped push Bitcoin to a recent high near $123,000, before a slight pullback to the $116K–$117K range due to profit-taking (MarketWatch).
Why It Matters:
These bills aim to clarify crypto regulation, boost institutional confidence, regulate stablecoins, and oppose a potential government-controlled digital dollar.
The outcome could integrate crypto deeper into the U.S. financial system, paving the way for massive institutional adoption.
