Bitcoin Price Prediction: U.S. Senate Approves Stablecoin Law — Here’s Why BTC Bulls Are Celebrating

Bitcoin (BTC) hovered around 104,450 during Wednesday’s European session, slipping from recent highs as traders braced for the U.S. Federal Reserve’s policy decision and tracked escalating conflict between Israel and Iran.

Despite near-term selling pressure, optimism re-emerged after the U.S. Senate approved the GENIUS Act, a watershed moment for stablecoin regulation in the United States.

BREAKING:
US Senate just passed the Stablecoin Bill!

Programmable, on-chain, 1:1 digital cash with clear rules. Massive acceleration for crypto.

Next up: House ☞ Trump signs.

The U.S. is about to onboard the world. Bullish is an understatement pic.twitter.com/3zpD2xwT4i

The GENIUS (Guiding and Establishing National Innovation for U.S. Stablecoins) Act passed with a 68-30 vote, making it the first federal law governing fiat-backed stablecoins. The bill enforces 1:1 reserve backing, mandatory audits, and licensing requirements for issuers.

Notably, compliant stablecoins will operate outside SEC jurisdiction, a win for crypto innovation.

This legal clarity is expected to encourage institutional adoption of stablecoins and create a more trusted environment for broader crypto participation. Senator Bill Hagerty praised the bill as a pivotal step toward making the U.S. the “crypto capital of the world.”

Meanwhile, tensions in the Middle East have kept traders on the defensive. The ongoing conflict between Iran and Israel intensified following statements by former President Trump, who demanded Iran’s “unconditional surrender” in a social media post. Speculation around U.S. involvement continues to add uncertainty.

GM to those who say it back!

Where is Bitcoin headed in the next 12 hours? Trump has created so much uncertainty, sellers are in panic mode. Will Iran-Israel tensions send us further down?

At end of day, what are your predictions for $BTC? pic.twitter.com/ZkC6QDnNcF

• BTC sentiment soured on fears of wider regional escalation
• The market remains sensitive to any new developments in the conflict
• Risk-off mood has temporarily capped upside for digital assets

Still, investors see the GENIUS Act as a long-term bullish catalyst, potentially offsetting some of the geopolitical drag.

Later today, the Federal Reserve is expected to hold rates steady at 4.25% to 4.50%, but markets are watching for dovish clues in the accompanying forecast. A signal for rate cuts later in 2025 could weaken the dollar and support Bitcoin.

Technically, Bitcoin price prediction remains bearish as BTC/USD is compressing within a symmetrical triangle on the 2-hour chart, with key resistance at 106,658 and support at 103,431. The 50-EMA has flattened at 105,807, reinforcing a period of indecision.

MACD momentum has turned negative, suggesting a bearish bias until a breakout confirms direction.

Trade Setup

• Sell Entry: Below 103,430
• Target 1: 102,180
• Target 2: 100,450
• Stop-Loss: Above 105,800

This structure favors a short-term bearish play unless BTC decisively breaks above the upper trendline. Watch for a confirmed candle close outside the triangle with substantial volume before acting.

As macro headlines and regulatory shifts collide, Bitcoin traders are watching closely—and preparing for volatility.

With BTC trading near $105K, investor focus is shifting toward altcoins, especially BTC Bull Token ($BTCBULL). The project has now raised $7,233,406 out of its $8,290,897 cap, leaving less than $1 million before the next token price hike. The current price of $0.00257 is expected to increase once the cap is hit.

BTC Bull Token links its value directly to Bitcoin through two core mechanisms:

• BTC Airdrops reward holders, with presale participants receiving priority.
• Supply Burns occur automatically every time BTC increases by $50,000, reducing $BTCBULL’s circulating supply.

The token also features a 58% APY staking pool holding over 1.81 billion tokens, offering:

• No lockups or fees
• Full liquidity
• Stable passive yields, even in volatile markets

This staking model appeals to both DeFi veterans and newcomers seeking hands-off income.

With just hours left and the hard cap nearly reached, momentum is building fast. BTCBULL’s blend of Bitcoin-linked value, scarcity mechanics, and flexible staking is fueling strong demand. Early buyers have a limited time to enter before the next pricing tier activates.

The post Bitcoin Price Prediction: U.S. Senate Approves Stablecoin Law — Here’s Why BTC Bulls Are Celebrating appeared first on Cryptonews.