#LatestNews🔥 #crypto #news
🏛️ 2. “Crypto Week” in U.S. Congress: Regulatory Push Hits Snags
The U.S. House kicked off "Crypto Week" on July 14, debating the GENIUS Act, CLARITY Act, and an Anti‑CBDC bill. Bitcoin briefly surged to $123K+, reaching all-time highs, fueled by anticipation of a clearer legal framework Business Insider+14Business Insider+14Financial Services Committee+14.
However, procedural delays occurred July 15 as some House Republicans objected to bundling bills. President Trump personally intervened, negotiating with 11 GOP members to support advancing the rule
📊 Quick Crypto Market Snapshot
Total crypto market cap has swelled over $3.5 trillion, up ~10% week-on-week .
Fund flows hit an impressive $3.7 billion inflow last week, the second-largest on record—with Bitcoin funds drawing $2.7 B and Ethereum $0.99 B The Economic Times+1AInvest
