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Crypto This Week: Bitcoin ATH, U.S. Tariffs Hit Europe, and More

  • The GENIUS Act, aimed at regulating stablecoins, passed in the U.S. Senate after facing initial resistance from Democrats.
  • Moody's downgraded the U.S. credit score, impacting Treasury bonds and increasing the importance of Federal Reserve decisions.
  • Bitcoin soared to a new all-time high above $109,000 amid a significant data leak at Coinbase affecting over 69,000 users.
  • Legislation like the Stop TRUMP in Crypto Act, advancements in U.S. states on crypto regulations, and market reactions to European tariffs and bond market concerns were key highlights of the week.

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