Lately, the crypto market feels disappointing. On the 4-hour chart, Bitcoin is showing bearish signs, and based on past data, there’s a high chance it may move down to fill its CME gap around 88.2k. On top of that, the much-hyped crypto market structure bill, which many believed would bring billions into altcoins, has been delayed again. This delay has already hurt sentiment, with Coinbase and Robinhood stocks dropping around 6–7%. Looking back, it’s also disappointing that instead of real progress, the big headlines a year ago were meme coin launches like Trump and Melania. Overall, the market feels stuck in a cycle of hype, delays, and repeated frustration.
Today was supposed to be an important day for crypto. The market structure bill was meant to clearly define what is a commodity, what is a security, and what counts as a memecoin. This clarity would have made institutions more confident to invest in assets like Ethereum, Chainlink, and other crypto projects. Unfortunately, the bill was delayed again. Brian Armstrong also pointed out that behind the scenes, big banks are pushing back, especially against stablecoins. Because of this ongoing uncertainty and delays, real institutional money is still hesitant, and the crypto market continues to suffer from lack of clear rules and direction.
Yes, you heard it right — banks are scared of stablecoins. They don’t want people earning similar or better returns through stablecoins instead of keeping money in banks. Because of this, there are attempts to quietly add clauses to the crypto market structure bill that could seriously hurt or even kill stablecoins. That’s something the crypto industry doesn’t want. This is why Brian Armstrong’s comments are important. He made it clear that it’s better to have no bill than a bad bill, especially one that harms stablecoins. The reality is simple: banks feel threatened, because stablecoins challenge the traditional banking system that runs on fractional reserves.
When you put money in a bank, it’s not fully backed one-to-one. Banks operate on fractional reserves, meaning they don’t keep all your money available at the same time. Stablecoins work differently. Most stablecoins aim to be backed 1:1, which makes them more transparent and, in many cases, more trustworthy than banks. That’s exactly why banks feel threatened and want to shut them down. Because of this pressure, moving forward with a bad market structure bill doesn’t make sense. In fact, it’s better if the bill doesn’t pass at all than passing one that harms stablecoins. If it doesn’t get signed in the coming months, there’s a real chance it never becomes law — and that might actually be the best outcome for crypto right now.
Right now, political uncertainty is adding pressure to the crypto market. Even with a Republican majority in Congress, progress on crypto regulation remains unclear. Coinbase and Robinhood stocks are down, mainly because both companies are heavily exposed to stablecoins, and the market is temporarily worried about their future. However, this looks more like short-term fear and speculation than a long-term problem. Looking back, we also saw the launch of Trump and Melania meme coins about a year ago, and today they are down roughly 95%. That outcome wasn’t surprising at all — it was expected due to weak tokenomics and lack of real long-term support. This highlights the difference between short-term hype and assets with real fundamentals.
In my view, President Trump is overall a net positive for crypto, so I’m not overly worried about the current noise. But remember, if your goal is to build long-term or generational wealth, this is just my personal opinion — it mainly comes from Bitcoin. Holding Bitcoin patiently, without constantly selling from your spot portfolio, has historically been the strongest strategy. Ignoring short-term drama, hype, and speculation is often what separates long-term winners from short-term traders.
