The cryptography market has been unusually silent in recent times, but this calm may not last much longer. A large event is on the horizon that could shake Bitcoin, Ethereum and Altcoins.
The US Congress is preparing for the “crypto week” from July 14 to 18, and decisions made during this week could have a major impact on the crypto market.
What’s going on on the market right now?
During last week, the price of Bitcoin and Altcoins has barely evolved. Bitcoin is up 0.6%, Ethereum by 2%, and most of the Altcoin market remained flat. Some coins have managed two -digit gains, but overall, it was a slow and lateral market.
Historically, this type of price action often occurs before a great escape, and all the attention is now what the Congress will decide in the coming days.
Why is the crypto week important
During the crypto week, American legislators will discuss and possibly adopt several important bills related to cryptocurrency:
- The Clarity Act: This bill will finally create clear rules on how the assets of cryptography are negotiated, invested and regulated in the United States
- The Stablescoin bill (Genius Act): focused on the stablescoins sustained in dollars, it has already adopted the Senate and should also pass the room.
- The law on the state of anti-CBDC monitoring: a bill to block digital currencies controlled by the government which could invade financial privacy.
Although certain bills, such as the stable law, are likely to move quickly, others like the Clarity Act, which deals with more complex areas like DEFI, milestone and cryptographic taxes, could take longer to finalize.
Why it could trigger a market pump
In addition to these bills, the American government recently approved a massive increase in the debt ceiling of $ 5 billion. This decision means that more money could flood the financial system, which has historically tend to benefit risk assets such as crypto.
In addition, clear policies and rules of crypto can attract new institutional investors and provide new capital in Bitcoin, Ethereum and Altcoins.
The great moment of Ethereum arrives
While Bitcoin has been increasing for months, analysts say that Ethereum is about to get its turn. Large names like Bitwise predict that ETHEREUM ETFE and tokenized assets built on the Ethereum network could see massive growth in the second half of 2025.
New projects such as the Robinhood blockchain network and the rise in token actions and stablescoins on the Ethereum platform should feed ETH demand.