📉 Bitcoin Slips as U.S. Crypto Laws Shake Market Confidence

The crypto market is cooling after last week’s highs, with Bitcoin dropping to ~$118,730, down 0.1% over 24 hours. The retreat comes as investors digest the impact of new U.S. crypto legislation—especially around stablecoins and asset classification.

President Trump signed the Genius Act last Friday, laying out a federal framework for stablecoins and boosting speculation about Ethereum as the top DeFi yield platform. Meanwhile, attention is shifting to the upcoming Clarity Act, which could define whether cryptos are treated as commodities or securities.

🔎 Altcoins are also down:

Ether fell 3.3%

XRP dropped 1.7%

Dogecoin slid 1.6%

Only Solana defied the trend, gaining 3.9%.

Institutional interest remains strong—Trump Media revealed $2B in BTC and ETH reserves, and JPMorgan may soon extend crypto-backed loans, signaling deeper integration of crypto with traditional finance.

💬 Are these legal shifts bullish or bearish for crypto in the long run?

#Bitcoin #CryptoNews #Stablecoins #GeniusAct #ClarityAct #Ethereum $BTC $ETH $XRP $DOGE $SOL