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prime @cryptomodee on x XXX followers
Created: 2025-07-19 10:14:49 UTC
Correction — all going according to plan
The classic "buy the rumor, sell the news" pattern played out once again. Following Trump’s signing of the GENIUS Act and other legislation, the market pulled back slightly.
The correction itself is rather mild — 1–2% on $BTC and $ETH, and a more solid 5–15% drop across altcoins, which is great news for those who were waiting for a pullback to enter at better levels.
Ideally, I’d like to see a deeper correction on $ETH — somewhere around $3200 — but will we get it? With inflows into ETFs ($402M just yesterday), and accumulation by firms like BlackRock, Sharplink, and Bitmine, it’s clear that large players are buying aggressively.
As for the GENIUS Act itself — yes, it’s finally passed. But that doesn’t mean markets will instantly be flooded with liquidity and go parabolic. The true impact of this legislation will become visible in the long term, as we begin to see mass integration of stablecoins into the U.S. financial system by major corporations — including VISA and MasterCard.
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Related Topics btc eth altcoins $eth $btc trumps buy the bitcoin coins layer 1