#USCryptoWeek

US lawmakers are gearing up for "Crypto Week," a significant period for cryptocurrency regulation in the United States. Here are the key updates:

- *Crypto Week Schedule*: The event is scheduled from July 14 to 18, with the US House of Representatives reviewing and debating three major bills that could shape the future of digital assets.

- *Key Bills*:

- *CLARITY Act*: Defines functional requirements for digital asset market participants, aiming to boost innovation while protecting consumers.

- *Anti-CBDC Surveillance State Act*: Opposes central bank digital currencies (CBDCs) and seeks to restrict their use.

- *GENIUS Act*: Aims to advance crypto regulation in the country and provide clarity on digital assets.

These bills are expected to bring much-needed clarity to the crypto space and could have wide-reaching implications for the industry. The anticipation of these bills has already led to:

- *Market Movement*: Strong bullish trends in leading cryptocurrencies like Bitcoin, Ethereum, and XRP, driven by investor optimism.

- *Price Predictions*: Bitcoin could test or surpass its all-time high, potentially reaching $115,000 or more in the coming weeks. Ethereum is expected to break the $2,700 resistance level and may target $3,000.

The total crypto market cap has surged to $3.62 trillion, posting an 8.75% weekly gain and breaking out from a multi-week consolidation range. This breakout is supported by a significant spike in trading volume, suggesting renewed investor interest and broader market enthusiasm.