Will Trump’s Bills Send Bitcoin Soaring?

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It is a truth universally acknowledged, that a crypto market in possession of a bullish energy, must be in want of a legislative boost. And so, dear reader, we find ourselves on the cusp of a most thrilling development: Crypto Week is coming! 🚀

As President Trump’s major bill is set to be signed on July 4, and lawmakers prepare to launch “Crypto Week” from July 14–18, the crypto community is abuzz with excitement. Three major bills, the CLARITY Act, Anti-CBDC Act, and GENIUS Act, will be discussed, and their passage could bring clear rules, block government-backed digital surveillance, and support crypto innovation. 🤔

NEW: Chairman @RepFrenchHill, @HouseAgGOP Chairman @CongressmanGT, and House Leadership announced that the week of July 14th will be “Crypto Week,” where the CLARITY Act, Anti-CBDC Surveillance State Act, and GENIUS Act will be considered. @SpeakerJohnson @SteveScalise…

— Financial Services GOP (@FinancialCmte) July 3, 2025

Bitcoin, that most mercurial of cryptocurrencies, has soared to $109,112 this week, just shy of its all-time high. Trump’s bullish moves have given new hope within the crypto community, and all eyes are locked on these 3 major crypto bills this week that could decide whether the momentum continues or fizzles out. 📈

The GENIUS Act: A Bill of Great Promise

Leading the agenda is the GENIUS Act, a bill that recently cleared the Senate and is poised to pass in the House. This legislation focuses on bringing stablecoins into the traditional financial system, and while it has drawn criticism for favoring fiat structures over DeFi ideals, it has also prompted companies like Tether to ramp up investments in Treasury bonds. 💸

The CLARITY Act: A Beacon of Transparency

The CLARITY Act is also gaining traction, aiming to end the long-standing confusion over whether crypto assets should be treated as securities or commodities. While the bill remains under committee review, “Crypto Week” is expected to amplify support for its consumer protection and token classification framework. 📊

The Anti-CBDC Act: A Symbolic Gesture

Rounding out the trio is the Anti-CBDC Surveillance State Act. Though it hasn’t seen movement in recent months, Republicans are still backing it strongly as a preventative measure against a government-issued central bank digital currency. The bill would essentially block the Fed from issuing a CBDC, aligning with Trump’s clear anti-CBDC stance. 🚫

Congressional Crypto Push Gets Real

With Republicans pushing forward on these bills, “Crypto Week” marks a historic moment for US crypto legislation. While the GENIUS Act seems set to pass, the other two bills may gain momentum from the increased attention. The week may also reveal how deep the divide is between pro-crypto innovation and concerns about regulation and control. 🤝

FAQs

What exactly is “Crypto Week” in the U.S. Congress?

“Crypto Week” is a dedicated period, specifically July 14-18, 2025, during which the U.S. House of Representatives will prioritize the discussion and potential passage of key cryptocurrency-related legislation. This initiative, spearheaded by House Republicans, aims to advance President Trump’s digital assets agenda and establish clear regulatory frameworks for the crypto industry.

What is the GENIUS Act, and how could it impact the crypto market?

The GENIUS Act (Guiding and Establishing National Innovation for U.S. Stablecoins Act) has cleared the Senate and is expected to pass in the House. It aims to integrate stablecoins into the traditional financial system, potentially boosting the dollar’s dominance through regulated stablecoins. This could bring significant institutional investment and foster market growth.

How could the passage of these crypto bills impact Bitcoin’s current bullish momentum?

The passage of these bills, particularly the GENIUS Act providing regulatory clarity for stablecoins, could significantly bolster Bitcoin’s current bullish momentum. Clear rules and reduced regulatory uncertainty are expected to attract more institutional investors and foster broader adoption, potentially “kickstarting the next bull run” for Bitcoin and the entire crypto market.

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2025-07-04 09:52