Mike Smith
10 hours ago
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On June 18, 2025, the US Senate approved an important bill regulating the issue and circulation of stablecoins - tokens that are tightly tied to national currencies. This decision was perceived in the industry as an important step towards the recognition of digital assets at the state level. Leading analysts have repeatedly emphasized that the regulation of stablecoins opens a new page for cryptocurrencies, giving them the opportunity to fit into the traditional financial infrastructure.
However, expectations of a sharp market reaction did not come true. Bitcoin remained virtually unchanged in price, holding in the corridor of $ 104,000-105,000, and coins such as Ether, XRP and Solana even fell slightly. Players expected that large institutional investors and funds would show more interest in the market, but this did not happen.
The main reasons for apathy are several external factors at once. Geopolitical risks associated with the unstable situation in the Middle East have come to the fore. Investors prefer more conservative instruments - gold and bonds, in conditions where unpredictability is becoming the norm. In addition, everyone is waiting for new signals from the US Federal Reserve - the market is waiting in anticipation of decisions on interest rates, since any correction can affect the risk appetite in all segments, including cryptocurrencies.
In recent months, Bitcoin has repeatedly demonstrated the properties of digital gold, when capital partially leaves stocks and is directed to cryptocurrencies as an alternative asset. But now the market does not see a clear incentive for strong growth. Large players continue to monitor macroeconomic news, and traders are increasingly choosing a wait-and-see tactic.
The outlook remains uncertain, with much depending on central bank decisions and market reactions to external shocks. If the Fed signals that rate cuts are on the horizon, demand for cryptocurrency could increase. But for now, the focus is on macroeconomics and politics.
