🔥 Poll: Can BTC Break Its ATH This Week?
ATH Recap: Bitcoin hit its ATH of $109,702.5 on Jan 20, 2025, followed by a consolidation phase.
Recent Trends: With easing geopolitical tensions, sustained institutional inflows, and improving market sentiment, BTC has shown strong upward momentum.
This Week’s Key Question: The market looks bullish, but the ATH remains a major resistance level.
🗳️ Share your take—let’s see where the market goes!
Good afternoon everyone! Market analysis! Thank you all for your support!
U.S. senators will vote tonight on advancing the stablecoin bill. According to Semafor, a knowledgeable source stated that after a previous attempt failed, U.S. senators are expected to vote again tonight to advance legislation that sets rules for stablecoins. Another source mentioned that Senate Minority Leader Schumer held a conference call with all party members on Sunday to discuss the yet-to-be-released text, which includes reforms sought by Democrats. However, these adjustments are still insufficient to win the support of progressives like Massachusetts Democratic Senator Elizabeth Warren. He released a memo indicating that the latest version of the ban does not address the relevant digital assets, "fostering Trump's cryptocurrency corruption." A third knowledgeable source indicated that negotiations are ongoing regarding potential additional amendments, with banks privately expressing their concerns, including whether issuers have the ability to pay interest.