Recent rumors about a House vote on the GENIUS Act have sparked considerable discussion within the crypto community, despite the lack of confirmations from official sources.
Unverified GENIUS Act Vote
On July 16, 2025, reports emerged claiming a House vote on the GENIUS Act, urging Republican support. However, no official sources have verified this information. Key government and industry channels have remained silent, raising questions about the credibility of these announcements.
Crypto Market Reaction
Despite the active discussions within the crypto community, no significant market changes have been observed. As of July 16, 2025, Bitcoin (BTC) is priced at $117,949.02, with a market cap of $2.35 trillion. Trading volume has decreased by 43.21%, yet BTC has shown a 90-day growth of 39.75%. This indicates that uncertainty surrounding U.S. legislative actions may influence BTC's current performance.
Conclusion and Preliminary Insights
In the absence of official confirmation, speculation regarding the GENIUS Act vote continues. However, it is evident that investors and policymakers are taking a cautious approach in their response, awaiting verified information.
Discussions surrounding the GENIUS Act highlight the lack of clarity in U.S. legislative initiatives, but to date, the situation has not impacted the cryptocurrency market.
