Q: Bessent: The GENIUS Act provides a clear foundation for innovation and competition in payment stablecoins. What impact will it have on the market?
A: It’s too early to say whether it’s bullish or bearish. Let’s make a note of it for now and revisit when there’s more news. The first pullback after the news is crucial: if prices hold steady, it means buyers are still there.
$GENIUS (24h +2.39%).
A: It’s too early to say whether it’s bullish or bearish. Let’s make a note of it for now and revisit when there’s more news. The first pullback after the news is crucial: if prices hold steady, it means buyers are still there.
$GENIUS (24h +2.39%).