$BTC Trump announces his plan for stablecoins and regulatory framework

At the Coinbase State of Crypto Summit, former President Donald Trump presented his crypto priorities, including support for the GENIUS Act for dollar-backed stablecoins and the creation of a clear regulatory framework for the future of the crypto market in the U.S.

Correction of ~2%: BTC around $107,000

Bitcoin retraced about $4,000 after reaching levels close to $110,000, establishing a range of $100,000-$120,000 as a key technical zone.

The retracement is related to resistance at $108,000 and cooling expectations of Fed rate cuts.