GENIUS Act Becomes Law in the U.S. 🏛️
President Trump signed the GENIUS Act on July 18, establishing a comprehensive regulatory framework for U.S. dollar-backed stablecoins—requiring monthly audits, full reserves, and anti-money-laundering checks 
This led to a crypto market cap surge past $4 trillion, with Bitcoin briefly topping $123K, and Ethereum rallying near $3,600 
Altcoins like XRP, Solana, Dogecoin, and Hedera saw double-digit gains (XRP hit ~US $3.60)
The bill was part of a “Crypto Week” that included the CLARITY and Anti‑CBDC Surveillance bills .
📌 Impact: Regulatory clarity boosts investor confidence, institutional interest, and altcoin momentum. $BTC $XRP $ETH
