According to Matt Hougan, the GENIUS act is one of only three bills to receive more than 60 votes in the US Senate this year, highlighting rare bipartisan support for tech and innovation policy (source: Matt Hougan on Twitter, June 18, 2025). Crypto traders should monitor this development closely, as such legislative momentum often signals regulatory clarity and potential institutional adoption, which historically correlates with increased market stability and trading volumes in major cryptocurrencies like BTC and ETH.