Cryptocurrencies rose on Monday after the conclusion of Crypto Week in the United States with notable regulatory progress, including the long-awaited Guinness Act.
US President Donald Trump signed the first major federal law regulating cryptocurrencies on Friday, after the House of Representatives passed the Guinness Act with bipartisan support on Thursday, a month after it passed the Senate.
This move means that many major banks and fintech companies will soon seek to make stablecoins a part of everyday life in America.
Bitcoin rose slightly, 0.12%, to $118,394, according to Coinbase data.
Ethereum rose 0.69% to $3,789.95, Ripple rose 0.44% to $3,523, and Dogecoin rose 1.56% to $27.52
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