🚨 Crypto Week Drama — Trump Pushes Genius Act, BTC Drops Below $119K
The U.S. “Crypto Week” took a dramatic turn as key crypto bills — including the Genius Act and Anti-CBDC legislation — were temporarily stalled due to political friction. Just as momentum seemed lost, Donald Trump personally urged GOP lawmakers to support the Genius stablecoin framework, potentially reviving crypto reform efforts.
In response, Bitcoin slipped below $119K, down nearly 4% from its $123K high. Meanwhile, Ethereum bounced back, and altcoins like SOL and XRP posted modest gains. The market seems split: uncertainty is high, but regulatory attention could fuel the next leg up.
📈 Do you think political pressure will help Bitcoin regain strength — or is this the start of deeper volatility?