Bitcoin decreased. Why is it a big week of encryption.
Bitcoin fell early on Monday, while smaller cryptocurrencies decreased to start an important week of encryption with major legislation transmitted across Congress.
Bitcoin has decreased by 0.9 % over the past 24 hours to 103,036 dollars, according to CoINDESK data. The largest digital currency in the world witnessed a significant movement during the weekend after Moody’s Classification It reduced US debt From AAA classification on Friday.
Bitcoin increased late from Sunday to more than 106,500 dollars, but soon these gains were prepared. It is not immediately clear what led to the sudden rise and subsequent fall – but the entire encryption industry in a possible historical week.
It seems that the Senate is ready Pass the Stablecoin Once the two will be the first major legislative victory for this industry.
The genius law would regulate the metal currencies associated with the Fiat currency such as Tether. Among other things, it will require exporters to retain reserves of liquid and safe haven in addition to following up rules to combat money laundering and terrorist financing.
Altcoins Ether, XRP and Solaa decreased between 3 % and 5 % early in the two, according to Coindsk.
https://www.livemint.com/lm-img/img/2025/05/19/1600×900/im-29376820_1747655745500_1747656016029.jpg
