Former President Donald Trump has expressed support for the Digital Asset Market Clarity Act, a major bill backed by Senate Republicans that would establish federal rules for digital assets and stablecoins in the United States. The American Bankers Association and other major banks oppose provisions allowing stablecoin rewards, arguing they could divert deposits from traditional banks. Market activity indicates that Trump’s endorsement is viewed as potentially positive for Bitcoin’s future price by raising expectations for regulatory clarity, while bank resistance has kept the outlook uncertain. Mixed movements in Bitcoin futures markets reflect that balance. Congressional progress, changes in major financial institutions’ positions and any Federal Reserve (U.S. central bank) signals on interest rates or crypto regulation are key developments to watch.