Crypto Week Recap: Bitcoin Surges as U.S. Debates Digital Asset Bills
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The post Crypto Week Recap: Bitcoin Surges as U.S. Debates Digital Asset Bills appeared first on Coinpedia Fintech News On July 3, the White House announced that the week of July 14 would be observed as ‘Crypto Week’ to discuss three important bills — the GENIUS Act, the CLARITY Bill, and the Anti-CBDC Surveillance Act. As the week began on Monday, the announcement drew mixed reactions from the market, with Bitcoin trading activity increasing as investors expected possible regulatory updates. What Happened So Far in Crypto Week? U.S. President Hailed Crypto Week: On Tuesday, US President Donald Trump cheered, “Happy Crypto Week,” while urging the Republican House to vote in favor of what he calls “tremendous bills.” he reiterated that digital assets are the future of the US nation, and this could make the US the global leader. Trump stated, “This is our moment – Digital assets, GENIUS, clarity! It is all part of Making America Great Again, bigger and better than ever before. We are leading the world, and will work hard with the Senate and the House to get even more legislation on this passed!” The Bills Stalled: Republicans Joined Democrats After several hours, a bunch of Republicans joined the Democrats to prevent the legislation from coming to a vote or debate. Previously, Congress leaders, Maxine Waters and Stephen Lynch, announced “anti-crypto corruption week” to stop the US president’s nefarious intentions with digital assets in the name of legislation. At the time, they did not receive any support. .article-inside-link { margin-left: 0 !important; border: 1px solid #0052CC4D; border-left: 0; border-right: 0; padding: 10px 0; text-align: left; } .entry ul.article-inside-link li { font-size: 14px; line-height: 21px; font-weight: 600; list-style-type: none; margin-bottom: 0; display: inline-block; } .entry ul.article-inside-link li:last-child { display: none; } Also Read : “Jerome Powell’s Firing…
Filed under: News - @ July 16, 2025 10:29 am