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📰 Evening Update: BTC & SOL Dip as Stablecoin Reform Gains Momentum Bitcoin (BTC) is a crypto in the CRYPTO market. The price is 103,271 USD with a 1.2% drop today. The intraday range was 102,609 – 106,451 USD . Binance-Peg SOL (SOL) stands at roughly 138.84 USD, down 4.6%, range 136.73 – 148.90 USD . 🔍 What’s Moving the Market Tonight 1. Stablecoin Regulation Steals the Spotlight • The U.S. Senate passed the GENIUS Act, establishing strict guardrails: full reserves in short-term Treasuries, asset disclosure, prohibiting rehypothecation—paving the way for mainstream adoption. • Circle (USDC issuer) stock is up more than 50% since this week’s momentum began • Financial analysts forecast stablecoin reserves could reach $500 billion by 2026, possibly $2 trillion long-term 2. Crypto Gets Collateral Boost • Exponential demand for Treasuries backing these assets could raise Treasury bill holdings to 25% of total issuance, according to Morgan Stanley. • U.S. regulators and retail giants are circling—but built-in clarity from GENIUS could accelerate digital payment rollout. 3. Market Reaction: Risk-off • BTC and SOL both dropped ~4–5% today as investors digest the regulatory news and possible macro risks. 💡 My View Stablecoin rulebooks = trust. With clear structure and proven backing, expect more institutions and retailers to jump in. BTC & SOL dips may be smart buy zones—once regulation settles, money could rotate back into crypto. Big swings in Circle stock indicate stablecoins aren’t just niche—they’re becoming financial infrastructure assets. ❓ Your Take Are you: ✅ Buying the dip in $BTC /SOL? 🤔 Betting on stablecoin-driven crypto adoption? 🔐 Going safe in USDC or USTC? Tell me what you’re doing tonight 👇 #bitcoin #sol #Stablecoins #GENIUSActPas
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