Bitcoin Briefly Touches $110,000 as Key Policy and Economic Developments Take Center Stage
Discover more here: https://www.etoro.com/discover/markets/cryptocurrencies/market-movers EYE-CATCHING STORIESHouse Announces Week of July 14th as 'Crypto Week'The US House of Representatives have announced that next week (the week of 14th July) will be 'Crypto Week' where the CLARITY Act, the Anti-CBDC Surveillance State Act and the Senate's GENIUS Act will be considered.'After years of dedicated work in Congress on digital assets, we are advancing landmark legislation to establish a clear regulatory framework for digital assets that safeguards consumers and investors, provides rules for the issuance and operation of dollar-backed payment stablecoins, and permanently blocks the creation of a Central Bank Digital Currency (CBDC) to safeguard Americans' financial privacy,' said House Committee on Financial Services Chairman French Hill.
We await to see the outcome of 'Crypto Week'. Major steps forward in passing these Acts could provide a positive tailwind for cryptoasset prices.
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