Crypto markets saw a quick and significant response on Sunday following the US Senate’s vote on the GENIUS Act. This landmark bill, aiming to regulate the $250 billion stablecoin market, received bipartisan support, with 66 senators voting in favor and only 32 opposing it. The move brings much-needed clarity to a previously stalled sector. The act’s passage has fueled optimism among crypto traders, leading to price increases across major coins. Ethereum (ETH) was the standout performer, surging by 7.61% within hours of the vote and reaching $2,540.68, while Bitcoin (BTC) also experienced a positive response, gaining 2.90% over the 24-hour period to reach $105,376.02. XRP witnessed an initial spike of 2%, followed by a slight drop in the afternoon. As a result, XRP’s daily trading volume dropped slightly, reaching $3.18 billion. Meanwhile, XRP’s market cap climbed around 3.43%, currently sitting at $138.73 billion. The response reflects the crypto community’s keen interest in how regulations will impact the sector. With clear guidelines now on the horizon, traders are cautiously optimistic about a brighter regulatory environment for the future.