The market paid for the quarrel between Trump and Musk. What will be the subsequent trend? | Bee Network
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Original author: TechFlow The sentiment of the crypto market is once again focused on regulatory actions. On May 19, the U.S. Senate passed the GENIUS Act (U.S. Stablecoin Innovation Guidance and Establishment Act of 2025) in a procedural vote with a vote of 66-32. This milestone marks the imminent implementation of the U.S. stablecoin regulatory framework. As the first comprehensive U.S. federal stablecoin regulatory bill, the advancement of the GENIUS Act quickly triggered a heated response in the crypto market, and the DeFi and RWA sectors related to stablecoins led the market today. Will the GENIUS Act become the catalyst for a new bull market? According to Citibanks forecast, by 2030, the global stablecoin market is expected to reach 1.6 to 3.7 trillion US dollars. The passage of the bill…# Analysis# bitcoin# crypto# ethereum# Exchange# MarketPre
24H Hot Coins and News | Trump and Musk turned against each other; Circle closed at $87.71 on its first day of listing (Next
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- Original author: 1912212.eth, Foresight News The crypto market is changing rapidly. At 8 pm on June 5, BTC once approached $106,000. After failing to break through, it continued to fall. At 4 am o...