#CongressTradingBan

#CongressTradingBan: Bitcoin and the Congressional Stock Trading Ban

On April 16, 2025, the proposal to ban U.S. Congress members from trading stocks (#CongressTradingBan) is heating up, indirectly impacting Bitcoin (BTC). Here are 5 reasons to focus on trading BTC in this context:

Independence: BTC, priced at $84,000 (CoinMarketCap), is not directly affected by the stock trading ban law, helping to avoid volatility from Congressional policies.

Superior liquidity: With a trading volume of $30 billion per day, BTC is easy to buy and sell, especially when stocks may be restricted by the new law.

Political instability hedge: The ban could disrupt the stock market, but BTC, with a supply of 21 million coins, is an effective hedge asset.

Stable market sentiment: CoinGecko data shows that BTC is less affected by U.S. political news compared to altcoins, making it suitable for short-term trading.

Strong technical support: RSI at 45 and support level at $82,000 indicate a safe trading opportunity, even if #CongressTradingBan causes volatility.