GENIUS Bill Likely to Pass House: Crypto Market Implications and Republican Majority Analysis
According to Milk Road (@MilkRoadDaily), with Republicans currently holding a 220 to 212 majority in the House of Representatives, there is a 95% chance the GENIUS bill will advance, given it is a GOP-backed initiative. The legislative momentum increases the likelihood of pro-crypto regulatory clarity, which is expected to positively impact digital asset markets if signed into law by Trump. Traders should monitor developments closely, as passage could trigger bullish sentiment for cryptocurrencies, particularly those benefiting from regulatory certainty (source: Milk Road, June 18, 2025).
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From a trading perspective, the GENIUS bill introduces both opportunities and risks for crypto investors. If the bill progresses, AI-related cryptocurrencies such as RNDR, Fetch.ai (FET), and SingularityNET (AGIX) could see sustained bullish momentum. For instance, FET recorded a 2.8% price increase to $1.45, with trading volume jumping 15% to $85 million between 10:00 AM and 2:00 PM EST on June 18, 2025, as tracked by CoinMarketCap. This volume surge indicates growing retail and institutional interest. On the flip side, uncertainty around the bill’s final provisions or potential delays in the Senate could trigger volatility. Cross-market analysis shows a notable correlation between AI token performance and tech stock movements. As the NASDAQ gained ground, BTC and ETH also saw steady inflows, with ETH rising 1.5% to $3,400 by 3:00 PM EST on June 18, 2025, per CoinGecko data. Traders can capitalize on this by monitoring legislative updates and pairing AI tokens with stablecoins like USDT for quick entries and exits. Additionally, crypto-related stocks such as Coinbase (COIN) saw a 2.1% uptick to $225.50 on the same day, according to MarketWatch, suggesting institutional money flow into crypto-adjacent equities.
Diving into technical indicators, Bitcoin’s Relative Strength Index (RSI) stood at 58 on the 4-hour chart as of 4:00 PM EST on June 18, 2025, indicating a neutral-to-bullish sentiment, per TradingView data. RNDR, however, showed an RSI of 65, nearing overbought territory, which could signal a short-term pullback if momentum fades. On-chain metrics from Glassnode reveal that BTC’s net transfer volume to exchanges increased by 12% to 25,000 BTC between 8:00 AM and 5:00 PM EST on June 18, 2025, hinting at potential selling pressure. For AI tokens, Whale Alert reported a significant transfer of 1.2 million RNDR tokens worth $9.4 million to a major exchange at 1:30 PM EST on the same day, which could influence short-term price action. Correlation data further underscores a 0.75 positive correlation between NASDAQ movements and BTC price over the past week, as per CoinMetrics, suggesting that stock market optimism around tech legislation like the GENIUS bill directly impacts crypto markets. Institutional interest is evident as crypto ETF inflows, particularly for BTC and ETH, rose by $50 million on June 18, 2025, according to Bloomberg data, reflecting a risk-on sentiment tied to potential policy support for innovation.
In terms of stock-crypto market dynamics, the GENIUS bill’s focus on technology could bridge traditional finance and decentralized assets. If tech stocks continue to rally, as seen with NVIDIA (NVDA) gaining 1.9% to $135.20 on June 18, 2025, per Yahoo Finance, we might witness further capital rotation into AI and blockchain tokens. This cross-market synergy offers traders a chance to hedge positions by diversifying between crypto assets and tech equities. Institutional money flow between these sectors is already visible, with crypto funds reporting a 10% increase in allocations to AI tokens over the past 48 hours, as noted by CoinShares on June 18, 2025. For AI-crypto correlations, RNDR and FET prices moved in tandem with a 0.85 correlation coefficient against tech stock gains, per CoinGecko analytics, reinforcing the interconnectedness of these markets. Traders should remain vigilant for updates on the bill’s progress, as any setbacks could dampen the current risk appetite and trigger profit-taking across both markets.
FAQ Section:
What is the GENIUS bill’s potential impact on cryptocurrency markets?
The GENIUS bill, if passed, could boost AI and blockchain innovation, driving institutional and retail interest in related cryptocurrencies like RNDR and FET. As of June 18, 2025, early market reactions showed RNDR up 3.5% to $7.85 and FET up 2.8% to $1.45, with trading volumes rising significantly, per CoinGecko.
How can traders benefit from the GENIUS bill news?
Traders can monitor legislative updates and focus on AI tokens like RNDR and FET, using stablecoin pairs for quick trades. Hedging with tech stocks or crypto ETFs, which saw $50 million in inflows on June 18, 2025, per Bloomberg, is another strategy to manage risk during volatility.
Milk Road
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