Q: Stablecoin regulations finalized: The OCC moves forward with implementing the GENIUS Act. What impact will this have on the market?
A: On the surface, it’s bearish. How much of an impact it has on the market remains to be seen—let trading volume answer that. Short-term moves follow sentiment; larger trends follow the trend. This news mainly affects the short term.
$BTC , down 0.47% intraday.