$ZEC $SOL Fellow folks, pay attention: early this morning, the U.S. Senate’s encrypted regulation bill hit a snag in the voting—it failed outright, with 49 in favor and 50 against. It missed the 60-vote threshold by a single breath, and was immediately stalled. After more than a year of back-and-forth and two postponements of the vote, it still couldn’t be enacted. As soon as the news broke, Bitcoin’s price dipped in the short term to around 75,000, and crypto-related stocks like Coinbase also fell across the board. 🚨

The core reason this time the bill got stuck is the ethics clause. The Democrats won’t accept the final proposal from the Republicans, and in the end neither side was willing to give an inch. The Republicans had already compromised on a number of points—adjusting officials’ holdings, stabilizing-coin circuit breakers, and protections for DeFi developers—but they still couldn’t win enough votes. 🚨

Many people think that if a bill doesn’t pass, regulation will completely loosen—don’t think that. The bill is only temporarily shelved, not permanently dead. Even if Congress can’t get legislation through, the SEC will still continue regulating the market under the existing rules. 🚨

The biggest impact of this incident is that market expectations cool off. Funds that had been betting on the bill’s passage are starting to withdraw. In the short term, price fluctuations will likely be amplified—don’t blindly try to bottom-fish. Going forward, keep an eye on whether both parties will restart negotiations, because news can trigger sudden surges and plunges at any time. Market risk is very high—everyone make sure to manage positions properly and control risk. 🚨#美联储加息是否已成定局 #以太坊跌破2400美元 #比特币跌至7.6万美元