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📈 Market Highlights
The total crypto market cap has surged past $4 trillion.
XRP hit a new all-time high above $3.60, now hovering between $3.40–$3.60.
Ethereum is trading near $3,600, up about 8% in the last 24 hours.
Bitcoin recently hit a record high near $122,600 and remains above $120,000ouse, reflecting concerns over federal surveillance
🏛️ U.S. Crypto Legislation
The House passed the GENIUS Act, which regulates stablecoins. It’s expected to be signed into law soon.
The CLARITY Act, aimed at defining crypto market structures, also passed the House and is under Senate review.
A bill banning a U.S. central bank digital currency also passed the House, citing privacy concerns.
🏦 Traditional Finance Embraces Crypto
Major U.S. banks including Bank of America, JPMorgan, and Goldman Sachs are preparing to launch or support stablecoins.
Bank of America confirmed it’s developing a stablecoin, though it hasn’t announced a release date. 0 reply
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