#BTCvsETH Prices and Dynamics

• Bitcoin is trading around $118,800 after a recent high of $123,166 — consolidation is expected at the level of $120–125k  .

• Ethereum is also showing strength: today it rose to ~$3,800‑3,775, showing a gain of 6‑7% over the past week, largely due to the attention of institutional investors and spot ETFs   .

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🏛 2. Regulatory Initiatives in the USA

• The GENIUS Act has come into effect, establishing reserve requirements for stablecoins, and possibly attracting institutional interest in Ethereum  .

• The Clarity Act and Anti-CBDC Act have passed the House of Representatives, now awaiting consideration in the Senate — this creates a foundation for clearer regulation of crypto  .