Bitcoin (BTC) Getting Ready to Surge? Check out the Impact of the Crypto Market Bill!

Jakarta, Pintu News -Bitcoin (BTC) has recently shown signs of consolidation with prices hovering around $105,000, indicating a potential bullish trend. Although the overall crypto market has decreased by 1.45% in the past 24 hours, Bitcoin (BTC) remains the main focus.

This comes after a 5.86% drop in prices over the last month, but saw a resurgence in prices the day before. Investors now have high hopes, especially with the release of a draft crypto market structure law that could influence the direction of the market.

Bitcoin (BTC) and the Crypto Market: A Review

Despite the downturn in the crypto market, Bitcoin (BTC) has managed to maintain its position around $105,000. This suggests that Bitcoin (BTC) still has the potential to strengthen. Investors and analysts alike are paying close attention to this dynamic, especially with new factors emerging in the market.

Additionally, the approval of the funding bill by the US Senate that averted a government shutdown also boosted optimism in the crypto sector. Other cryptocurrencies such as Ethereum (ETH), Solana (SOL), Dogecoin (DOGE), Shiba Inu (SHIB), and Cardano (ADA) are generally trading with sideways trends, indicating that the current market focus is mainly on Bitcoin (BTC).

Also Read: Dogecoin (DOGE) Investment Gold Opportunity: Potential for Big Profits by 2026

Crypto Market Structure Bill: Big Changes Ahead

The US Senate Agriculture Committee has just released the long-awaited draft of the crypto market structure bill. This legislation is expected to revolutionize the regulation of cryptocurrencies, particularly Bitcoin (BTC), in the United States. The bill will make market regulation more transparent.

The draft bill, led by Chairman John Boozman (R-AR) and Ranking Member Cory Booker (D-NJ), will place digital commodities such as Bitcoin (BTC) under the regulation of the Commodity Futures Trading Commission (CFTC), while the Securities and Exchange Commission (SEC) will regulate digital assets that are considered securities. These changes are expected to bring a greater level of transparency and regulatory predictability to the digital asset market.

Bitcoin (BTC) Price Outlook: Toward $110,000?

Bitcoin (BTC) price is currently trading at $105,086, indicating a decline of 0.29%. The cryptocurrency has been fluctuating around critical price levels, including resistance at $107,500 and a strong support zone at $105,000. The Chaikin Money Flow (CMF) indicator is at 0.11, indicating a moderate, but not extreme, level of buying pressure.

In addition, the Moving Average Convergence Divergence (MACD) is still in a positive position, where the MACD line is above the signal line. This indicates the possibility of further price increases. If Bitcoin (BTC) manages to break the resistance at $107,500, it could pave the way to the next price target of $110,000.

Conclusion

With the release of the draft crypto market structure bill and the US government’s actions to avoid a shutdown, the crypto market may benefit positively. It is expected that with more open rules and new hope, the future of Bitcoin (BTC) will register a significant increase in the coming days.

Also Read: Bitcoin Poised to Surge After US Government Shutdown Deal: History Repeats?

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• Coingape. Bitcoin Price Eyes Bulls as Crypto Market Structure Bill Draft Finally Drops. Accessed on November 13, 2025