US lawmakers to meet with Trump’s crypto czar, discuss bill: Report

💡 DMK Insight

The Senate’s focus on a funding bill over crypto legislation could signal a delay in regulatory clarity for the crypto market. Traders should be aware that this prioritization might lead to increased volatility in crypto assets as uncertainty lingers. If the government shutdown is averted, it could stabilize broader markets, but crypto might still react negatively to the lack of regulatory progress. Watch for how major cryptocurrencies respond in the coming days, especially if they break key support or resistance levels. A lack of legislative movement could keep sentiment bearish, especially for altcoins that rely on regulatory clarity to attract institutional interest. Keep an eye on the Senate’s timeline; any delays in funding could exacerbate market jitters and lead to further sell-offs in the crypto space.