As the U.S. Congress announces 'Crypto Week' from July 14th to 18th, expectations are growing that Bitcoin (BTC), Ethereum (ETH), XRP, and major altcoins could start a rally. While the market has been quiet across exchanges recently, discussions on various cryptocurrency regulations during this week could be a significant turning point that determines market direction.
Over the past week, Bitcoin rose only 0.6%, and Ethereum showed a modest increase of around 2%. Most altcoins remained within a box range. Only some meme coins recorded double-digit returns, with the overall market showing a wait-and-see attitude. However, market precedent suggests that such stagnant periods can often be a prelude to an upward trend.
Three key bills will be on the table during this Crypto Week. The first is the 'Clarity Act', which will for the first time clearly define trading and regulatory standards for cryptocurrency assets. Covering complex topics like DeFi, staking, and cryptocurrency taxation, analysts believe it may take time to pass. The second is the 'Stablecoin Act', which has already passed the Senate. This bill, which specifies regulations for dollar-based stablecoins, is likely to pass the House of Representatives smoothly. Lastly, the 'Anti-CBDC Surveillance State Act' is drawing attention, aimed at checking government-led digital currency issuance.
Particularly, with former President Trump taking a clear stance against digital dollars, there are interpretations that the possibility of passing a hard-line bill led by the Republican Party has increased.
Additionally, the U.S. government's recent debt ceiling increase of $5 trillion (approximately 6,950 trillion won) keeps the possibility of liquidity expansion open, exerting positive pressure on cryptocurrencies considered risk assets. In the past, large-scale fiscal expansions have often promoted the rise of major coins like Bitcoin and Ethereum.
Expectations for Ethereum are also growing. Experts predict that Ethereum-based ETFs and tokenized assets will enter full growth by the second half of 2025. Major investment firms like Bitwise believe Ethereum has high potential for a rebound, given its current undervaluation. Robinhood's recently announced blockchain infrastructure construction plan and securities and stablecoin tokenization projects are expected to catalyze ETH demand.
Experts believe that if positive legislative decisions are made during this Crypto Week, there is a high possibility of Bitcoin and major altcoins 'leveling up' in a short period. A clear regulatory environment can support institutional investor inflows, which could lead to overall market liquidity expansion and price increases. For the crypto market, July 2025 appears to be a critical turning point that could determine the next few years.
Real-time news...Go to TokenPost Telegram
<Copyright ⓒ TokenPost, Unauthorized Reproduction and Redistribution Prohibited>
