In 2025, the U.S. Congress may promote cryptocurrency legislation, expected to be the most supportive session for the crypto industry to date. After being elected president, Trump repeatedly promised to support cryptocurrencies. Key issues include the stablecoin bill and the FIT21 bill, which focus on regulatory frameworks and decentralized standards, respectively. Tax issues will become critical, including adjustments to staking reward tax rules. Meanwhile, a Wyoming senator proposed establishing a national Bitcoin reserve, but it lacks broad support. Senate Democrat Elizabeth Warren's opposition may pose challenges to the legislative process.
Bitcoin has fallen over 4,000 points today, starting from December 20, with the current major resistance level at the 100,000 mark, and the 4-hour timeframe has formed an M-top pattern, as the neckline at 94,000 is currently the most important defense; a break below could lead to a significant decline. The market trend remains bearish.