Congress is currently deliberating on two significant cryptocurrency bills. The first proposes exempting small digital-asset transactions from capital gains tax, while the second outlines the creation of a Strategic Bitcoin Reserve where the U.S. Treasury would hold Bitcoin as a reserve asset for a 20-year period. These regulatory proposals could influence the broader crypto market and affect Bitcoin’s future price trajectory. Market data indicates a slight increase in the perceived probability of Bitcoin reaching higher price thresholds by year-end. However, the likelihood of Bitcoin reaching $200,000 by December 31, 2026, remains low.
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