Lawmakers Maxine Waters and Stephen Lynch revealed on Friday that they are working to rally Democratic opposition to several digital asset legislation set for House deliberation during Crypto Week, slated for the week of July 14.
Bitcoin (BTC) is consolidating above $108,000 on Tuesday following a brief but strong rally last week that topped resistance at around $110,527. Despite the largest cryptocurrency by market capitalization trading near all-time highs, overall market activity and trading volume remain subdued.
Meme coins Dogecoin (DOGE), Shiba Inu (SHIB) and Pepe (PEPE) are extending their gains on Tuesday after a sharp recovery the previous day. The announcement of a ceasefire between Iran and Israel on Monday fueled this recovery.