According to Eleanor Terrett, recent developments on Capitol Hill have placed new cryptocurrency legislation at the center of attention, with Wall Street showing increased bullish sentiment towards stablecoins. This regulatory momentum and institutional interest could lead to increased liquidity and price stability in top stablecoins like USDT and USDC, while also impacting volatility and trading volumes for major cryptocurrencies such as Bitcoin and Ethereum. Traders should closely monitor upcoming decisions in Washington, D.C. and New York City, as these could significantly influence both short-term and long-term crypto market movements (Source: Eleanor Terrett via Twitter, June 9, 2025).