Bitunix analyst: The stable currency legislation is progressing rapidly. The United States will expand the demand for treasury bond and the crypto payment track. BTC has hit a record high of $111000, and we must be alert to the risk of callback

BlockBeats reported that on May 22, the U.S. Stabilization Currency Innovation and Establishment Act made rapid progress and is expected to receive bipartisan support, paving the way for stabilizing the dominance of the currency management and the dollar chain, and may bring demand for trillions of dollars of treasury bond. This policy is expected to accelerate the entry of institutional and government funds into the cryptocurrency market, benefiting stablecoins and DeFi applications anchored in the US dollar. BitUnix analysts suggest that Bitcoin should remain strong in the short term, reaching a high of $111000, but be cautious of the risk of a pullback. It is recommended to pay attention to the dynamics of stablecoins such as USDT, USDC, and USD1, and to invest in projects with compliance potential such as ETH, LDO, and ARB. It is expected that the resonance between policies and funds will drive the revaluation of mainstream assets.