Crypto markets are buoyant today as U.S. legislative optimism revives investor confidence. Bitcoin is trading around $118.45K, up roughly 0.3–1.5%, following a dip to ~$115.9K when key “Crypto Week” bills stalled . Ethereum leads gains at ~$3.18K (+4–5%), driven by institutional inflows and positive sentiment around stablecoin regulation .
Altcoins mirror this upward move: BONK has jumped ~18%, while BNB is up ~2% amid Binance’s strong Q2 volume performance .
Macro context: Nearly 92 of the top 100 tokens are in the green; total crypto market cap sits around $3.8 trillion . Watch for today’s procedural vote on the GENIUS Act—passage could reinforce this rally. Despite exuberance, analysts caution corrections may follow, urging disciplined, long-term investing .
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