$BNB

The following is a summary of key news in the cryptocurrency and financial sectors as of July 23, 2025

⸻

🏛 Policy and Institutional Dynamics

• Senate discusses #ClarityAct cryptocurrency framework draft: The Banking Committee presents a draft for defining digital assets and regulatory details, continuing the legislative process of the GENIUS Act .

• PNC partners with Coinbase: PNC will provide cryptocurrency trading features for customers, marking a further adoption of cryptocurrency by traditional banks .

⸻

📉 Market and Price Trends

• Bitcoin correction: BTC has dropped from the previous day's high to around $118,300, with ETH and altcoins also weakening—indicating a clear technical pullback in the market .

• Futures interest shifting to altcoins: In Binance futures trading, altcoins account for as much as 71%, indicating a rotation of funds .

⸻

🔧 Technical Trends and Future Observations

• Tokenization gaining attention: Explanatory articles suggest that tokenization may become the next key development direction in the cryptocurrency market .