#CryptoCPIWatch Starting from May 13, 2025, Bitcoin (BTC) is trading at approximately 102,731 USD, reflecting a slight decrease of 0.02% from the previous close. The day's trading range recorded a high of 104,899 USD and a low of 101,065 USD. This recent decline follows a brief surge in Bitcoin above 105,000 USD, driven by optimism surrounding the tariff ceasefire between the US and China and expectations of favorable inflation data from the US. However, profit-taking and cautious sentiment ahead of the upcoming Consumer Price Index (CPI) report have contributed to the current pullback. Analysts are closely monitoring key support and resistance levels. A sustained move above 104,000 USD could signal a new bullish momentum, while a drop below 100,000 USD might indicate further consolidation. Despite short-term fluctuations, Bitcoin remains nearly 9% higher compared to last week, reflecting ongoing investor interest and market resilience.
#CryptoRoundTableRemarks Recent Crypto Roundtable meeting in Washington, D.C., has become a focal point in the ongoing debate regarding cryptocurrency regulation in the United States. This event, which involved key lawmakers, industry leaders, and Biden administration officials, highlights the complex interplay between innovation, regulation, and political interests in the cryptocurrency space.   ⸻ 🔍 Key Developments from the Crypto Roundtable 1. SEC's Commitment to Clearer Crypto Regulations SEC Chairman, Paul Atkins, announced plans to modernize the regulatory framework for digital assets. He emphasized the need for clear guidelines on the issuance, custody, and trading of crypto assets, aiming to replace inconsistent staff guidelines with formal commission-level actions. This initiative seeks to provide clarity and regulatory stability for the expanding digital asset sector.  2. Political Tensions Surrounding Crypto Legislation The GENIUS bill, aimed at establishing a federal regulatory framework for stablecoins, faced a setback when Senate Democrats blocked its passage. Concerns were raised about potential conflicts of interest, particularly regarding former President Donald Trump's involvement in crypto businesses such as the meme coin $Trump and the World Liberty Financial's USD1 stablecoin. Democrats called for protective measures, including banning elected officials from engaging in stablecoin businesses.  3. Bipartisan Efforts and Industry Engagement Despite political divisions, bipartisan efforts continue to shape crypto policy. Representative Ro Khanna hosted a roundtable with lawmakers, Biden administration officials, and industry leaders, including Mark Cuban. The meeting aimed to strategize on maintaining Bitcoin and blockchain innovation in the United States.