The Impact of Crypto Week & New US Bills on Bitcoin, Ethereum, and Altcoins

The Crypto Week has concluded with significant improvements in the regulatory frameworks, charts, and the entire blockchain industry in general. Beyond the big-cap coins, various small-cap tokens also witnessed improvements in the market capitalisation. Also, the crypto-driven firms and individuals are relieved due to the clarity regarding rules and regulations.

This article will examine Crypto Week’s contribution to the blockchain industry, with a focus on its impact on Bitcoin, Ethereum, and altcoins, about the bills that were passed in Crypto Week.

What is Crypto Week?

Three major blockchain-based acts in the U.S, the GENIUS Act, CLARITY Act, and Anti-CBDC Surveillance State Act, were passed within a week, between July 14 and July 18, 2025. The crypto community, U.S. President Donald Trump, and other U.S. House Representatives together designated the milestone week as “Crypto Week”.

How Will the New Bills Transform the Cryptocurrency Space?

The new bills, the achievements of the Crypto Week, are capable of transforming the U.S. cryptocurrency space by establishing clear rules and regulations for developers, users, and investors. Let’s check each bill in detail.

The GENIUS Act

The GENIUS Act, which was passed with 308-122 votes, came into effect after Donald Trump’s final signature of approval on Friday. As a bill focused on stablecoins, it provides detailed guidance for stablecoin usage and stablecoin issuance.

The Act includes licensing requirements for issuers, details of stablecoin backing and redemption standards, requirements for auditing, oversight regulations, and provisions for consumer protection.

The Digital Asset Market Clarity Act

The CLARITY Act, passed on a 294-134 vote by the House on July 17, 2025, is waiting for the next confirmation from the Senate. It is a digital assets-focused bill that establishes a standard for digital assets to justify their transition from security to commodity.

The CLARITY Act addresses the current digital asset-related issues and helps developers to go through a clear pathway of rules and regulations. It creates a comprehensive registration regime and establishes a division between the SEC and the CFTC.

The Anti-Central Bank Digital Currency Surveillance State Act

The Anti-CBDC Surveillance State Act, as the name indicates, prohibits the issuance of CBDC (Central Bank Digital Currency). It bars the Federal Reserve from issuing CBDC directly or through a third party.

The bill was passed after identifying the risks associated with CBDCs. According to the American Bankers Association, CBDC would present unacceptable risks and costs to the financial system, and also change the relationship between citizens and the Federal Reserve.

How Crypto Week Impacts Bitcoin, Ethereum, and Altcoins?

As a highly volatile market that behaves in unpredictable ways, it is hard to predict the overall impact of the Crypto Week on cryptocurrencies. However, at present, it is having a positive impact on charts.

Bitcoin, which hit its all-time high recently, continues its bull run after the crypto week. Various altcoins, including Ethereum, also reacted to it by increasing their value. While Bitcoin and Ethereum are a point down today, with 0.37% and 0.50% downtrend respectively, various altcoins exhibited an incredible surge.

According to several crypto market experts, the altcoin bull run will start soon, just like in the previous bull cycles. It is usually noted that soon after Bitcoin reaches new heights, the altcoins follow its path. However, some exception cycles were also there.

Criticisms of the New Crypto Bills

Various critics stated that the new bills are too weak and are intended to create hype around the crypto market. According to Amanda Fischer, policy director and chief operating officer for the consumer advocacy group Better Markets, the laws are all hype, and there is not much there. She stated that the current problems in the payment system are not solved by the bills, and in fact, several issues will be exacerbated by the bills.

While the opponents expressed their criticisms, the stablecoin industry defended the bills. ​Dante Disparte, the chief strategy officer for Circle, which issues one of the world’s largest stablecoins, stated that there wouldn’t have been 102 Democrats voting alongside the Republican counterparts for the Genius Act if it had been going to fail such a simple test like consumer protection.

Concluding Thoughts

Crypto Week was a milestone time period for U.S. citizens, with the administration giving approvals to some important bills such as the GENIUS Act, CLARITY Act, and Anti-CBDC Act. This is also reflected in the crypto market, sustaining the bull run. However, it is not 100% confirmed that the impact of Crypto Week will result in the altcoin bull run soon.

Various price forecasts predict the altcoin bull run next year. Also, they foresee that only the assets with strong fundamentals, use cases, and community support will survive the next bull market.