Bitcoin price, XRP and other cryptos have seen big gains this week. The crypto industry notched its first major crypto regulatory win in the U.S. late Thursday.

To be sure, the road to the passage of the three bills was not smooth, since 12 hardliners scuttled a procedural vote on the GENIUS Act on Tuesday, prompting House Speaker Mike Johnson to halt the process.

It also opens the door for crypto to leave the speculative Wild West and move into the financial mainstream. Companies like PayPal, Visa, and BlackRock are already building on blockchain rails. Now, they can do it with a legal framework behind them.

Global crypto market has surged past the $4 trillion mark for the first time, amid GENIUS Act House Vote and 401K crypto investments ahead.

If passed, the bills could lead to new ways to use the currencies, corporate adoption, and institutional investment.

These assets tend to rally in tandem with ETH during periods of rising market confidence, especially when capital flows into Ethereum Layer 1s and older majors in search of beta.

Crypto executives poured millions into Trump’s campaign, and now he’s helping to make their priorities into law.

The House voted to advance key crypto bills on Wednesday, after more than 9 hours of negotiations, President Trump intervention.