#The #FIT21 bill passed the US House of Representatives by a vote of 279 to 136, with 71 Democrats voting in favor. The biggest impact of this number on the Biden administration is that if they continue to maintain their hostile attitude towards cryptocurrencies, even members of their own party will defect. We will see various situations that accelerate the development of the bull market for cryptocurrencies before November.

1. Biden and Trump camps compete to introduce various policies or promises to please the crypto world.
2. More policies supporting the development of cryptocurrencies are being introduced, accelerating the innovative development of the cryptocurrency industry in the United States and attracting more teams from the crypto world to return to the United States.
3. European countries, and even mysterious Eastern countries, have followed suit in implementing cryptocurrency-friendly policies.
4, After the approval of the Ethereum ETF, other Token ETFs will start to focus on the topic.
5. Traditional financial products such as funds (e.g., pension funds) are accelerating their entry into Bitcoin and Ethereum ETFs.