Cryptocurrency prices against the dollar today

Cryptocurrency prices against the dollar today

Cryptocurrency prices against the dollar today, Thursday, June 18, 2025: The "GENIUS" shock

Cryptocurrency markets witnessed mixed performance today, June 18, 2025, amid a state of caution and anticipation among investors amid global volatility.

The US Senate voted to approve the "GENIUS" Act to regulate stablecoins, marking the first significant legislative victory for the digital asset industry in the United States. The law was supported by a vote of 68 to 30, establishing, for the first time, a clear federal framework regulating digital currencies pegged to the US dollar, allowing private companies to issue "digital dollars" under direct government oversight.

The passage of the law followed a vigorous lobbying campaign by the crypto industry, which spent nearly $250 million during the 2024 election cycle in an effort to shore up what is considered the most pro-crypto Congress in the country's history.

Democratic Senator Kirsten Gillibrand, a key sponsor of the bill, stated, "The GENIUS Act will protect consumers, promote responsible innovation, and support the continued dominance of the US dollar," according to CNBC.

Although the bill still awaits passage in the Republican-controlled House of Representatives, its passage in the Senate represents a significant political and technical shift in the direction of cryptocurrency regulation in the United States.

 Bitcoin's price fell 0.25% during trading , June 18, 2025, reaching $104,929,000 at 9:00 AM Abu Dhabi time.

The market capitalization of the world's most popular cryptocurrency remained at $2.08 trillion. Bitcoin trading volume rose to $48.71 billion over the past 24 hours.

Over the past seven days, Bitcoin has lost approximately 3.12% of its value.

What are today's cryptocurrency prices in US dollars?

The price of Ethereum (ETH) fell 0.32% to $2,519.

The price of Binance Coin (BNB) fell 1.14% to $644.

The price of Cardano (CARDANO) fell 2.09% to $0.6009.

The price of Ripple (XRP) fell 0.31% to $2.1609.

The price of Dogecoin (DOGE) fell 0.07% to $0.170519.