The U.S. House of Representatives today approved three key bills that strengthen cryptocurrency regulation within the country:
GENIUS Act – the first federal framework for stablecoins (308–122), Trump's signature is expected.
CLARITY Act – defines who (SEC or CFTC) should regulate the crypto market.
Anti-CBDC Surveillance State Act – prohibits the Fed from launching a CBDC to protect privacy.
CFTC's oversight over crypto products is also expanding, which is perceived by the market as a benefit for transparency and protection.
📈 The market is on the rise, but volatility remains
Bitcoin is holding above $120,000, showing resilience after the rise associated with 'crypto weekends'.
Ethereum reached $3,600+ (+7.5% in 24 hours) according to Binance.
XRP is rising amid expectations of the XRP-ETF launch: +11% to $3.38, with a forecast of up to $4.47 according to analysts.
🏦 Institutions and infrastructure
Banks have been allowed to provide crypto custody services under strict regulatory oversight – a powerful step for the inflow of institutional funds.
The total market capitalization is around $3.8 trillion, the ongoing influx of major players further strengthens the positions of the crypto market.
✅ What this means for Binance Square
1. Regulatory breakthrough – a roadmap for stablecoins and clear jurisdiction (SEC/CFTC) increases trust.
2. Bullish trend – altcoins and Ethereum are leading, Bitcoin is in strong positions.
3. Institutional flows – banks and major funds are accumulating.
4. Caution – volatility persists: it is important to approach risk management carefully as liquidations rise.
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