$BTC The **Genius Act**, a landmark bipartisan stablecoin bill, is set for a final Senate vote on **June 17**. If passed, it would establish a regulatory framework for stablecoins, potentially "unleashing trillions" in tokenized dollars and boosting institutional adoption. Major companies like **Amazon, Walmart, and Meta** are reportedly exploring launching their own stablecoins, which could disrupt traditional payment systems like Visa and Mastercard .

Bitcoin is currently trading at **$107,113**, with analysts predicting a breakout toward **$110,000** if it sustains above **$106,800**. The market is buoyed by:

- **ETF inflows** and institutional demand.

- Anticipation of the **Genius Act** and regulatory clarity.

- Reduced selling pressure, with exchange inflows dropping **56% over 30 days** .

Public companies are increasingly adopting **Bitcoin treasury strategies**, mirroring **MicroStrategy’s** success. Notable developments:

- **Trump Media & Technology Group** raised **$2.5 billion** to invest in Bitcoin.

- A **SoftBank-Tether-Cantor Fitzgerald** joint venture launched a **$3.6 billion Bitcoin acquisition fund**.

- **H100 Group**, a Swedish health-tech firm, secured **$79 million** to expand its Bitcoin holdings .