U.S. Congress Proposes Crypto Regulation Bill: Market Reaction
The market may react with volatility as investors assess the bill’s implications. Clear, supportive regulations could boost confidence, driving prices higher. However, restrictive measures may trigger sell-offs, especially for altcoins. Key factors include how the bill addresses DeFi, stablecoins, and taxation. Long-term, regulation could legitimize crypto, attracting institutional investors. Short-term, expect uncertainty until details are finalized.