Bitcoin is the world’s largest cryptocurrency in which people invest their money with quite high expectations. However, it experienced a whole 1% increase in its value just after the US Senators got the Genius Act passed in the parliament. This act gave the US government the permit to stabilize the stablecoin regulations. All these years, the US has been sidelined from Web3 due to the absence of stablecoin regulations. Now, this act will help the government to participate in the market. Moreover, investing in cryptocurrency will help in increasing the capital value of companies, commercial banks, and individuals.
The bitcoin almost broke its record of $109,288 which happened in January, this year. With the 1% increase in the bitcoin, its value reached $106,250 on 21 May 2025.
Genius Act and Bitcoin
The Genius Act is a remarkable idea that is passed for legislation in the parliament by the US Senators. It will give the government the power to regulate stablecoins and cryptocurrency like Bitcoin. Donald Trump and his administration is bringing out useful and strong policies to strengthen the US economy.
The policies, however, include the trade tension between the US capital, Washington D.C., with China’s capital, Beijing. Moreover, this dispute is temporary and would be normal after the said duration of time. The Genius Act bill has been improved after its initial failure, due to which it collected 66 votes in the parliament on Tuesday. However, one more vote will be conducted within this week. It will decide whether the bill will be sent for Trump’s approval or will be rejected.
In addition to the Genius Act, Trump’s administration established a Bitcoin Reserve in March, which further adds to Trump’s acceptance of the law. The ongoing trade war between the US and China has led to certain disparities in the global financial market. The researchers suggest ending the dispute as soon as possible. If high tariffs persist in the economy, then there is are high chance of inflation in the country. This is not considered a good indicator in terms of the economy and must be regulated through policies by the government.
Bitcoin’s upward trend
Despite all disputes happening in the US, Bitcoin is doing fairly well in the global market with a continuous upward-sloping trend. It is also termed as the hedge between the geological and economic uncertainties as the upward trend promises more returns to the investors which can be beneficial especially in the economic front.
Bitcoin has marked a continuous growth from 6 to 8 weeks in the global stock market, which brings us to the fact that it may fall very soon. This is how the stocks work- the bull and the bear concept apply to it. The current rise in the value of Bitcoin assumes that companies putting high investments in the cryptocurrency. Due to this, the value of the currency is appreciating day by day. To note, if the investments start to drop in the currency, there might be a huge fall in its value. Investors must note the trends and the political events happening around the globe to prevent huge losses.
Bitcoin is treated as an asset than a tool for speculation in the global market due to its high demand in the globe. The higher the demand, the higher will the prices of Bitcoin will go due to the application of the law of demand. Those who understand the working of this system, can use it as a valuable medium to expand their capital.
Conclusion
Bitcoin has evolved from being a cryptocurrency for speculative play in the economy to being an important asset to improve the capital power of investors. However, caution should be taken whenever dealing with stocks and crypto. Any mistake can cost you a huge loss in the stock market.