Crypto Currency Market Faces Mixed Signals as Lawmakers Spotlight Digital Assets, HINU Eyes Launch Target

Crypto executives are converging on Washington, D.C., to shape upcoming digital asset legislation, marking a pivotal moment for industry regulation. The Senate Banking Committee has scheduled a vote on its market structure bill for January 15, with the possibility that the Senate Agriculture Committee could hold a concurrent markup on its version of the Responsible Financial Innovation Act (RFIA). The Digital Chamber CEO emphasized that industry participants—spanning exchanges, token issuers, banking partners, miners, infrastructure providers, and DeFi protocols—have been actively engaged in drafting these legislative frameworks.

Cryptocurrency Market Extends Volatility With Mixed Performance

Recent price action in the crypto currency market reflects investor hesitation, though sentiment appears to stabilize. Bitcoin (BTC) is currently trading at $96.79K, up 1.96% over the past 24 hours, having recovered from Thursday’s intraday lows near $89,761. The flagship asset briefly dipped below $90,000 before buyers stepped in to defend key support levels.

Ethereum (ETH) has rebounded to $3.37K, gaining 2.24% in the past day. The second-largest cryptocurrency had tested weakness at $3,097 but found buyers, indicating resilience in the broader altcoin space.

Alternative assets display divergent momentum. Ripple (XRP) edged up 0.28%, though momentum remains positive on a weekly basis with gains exceeding 15% over the past seven days. Solana (SOL) climbed 0.50%, consolidating near $135 after failing to reclaim the $140 resistance level. Dogecoin (DOGE) declined 0.95% to trade near $0.144, while Chainlink (LINK) posted gains of 1.46%.

Real-world assets (RWA) and decentralized finance (DeFi) sectors experienced the most pronounced weakness during the recent pullback, with Layer 2 solutions and PayFi protocols also registering notable declines.

Husky Inu AI Targets Launch With Fundraising Momentum Building

Husky Inu AI (HINU) remains on track for its official debut, with the project team targeting a launch at $0.00024960. The planned launch date is set for March 27, 2026, though the team has indicated flexibility to adjust the timeline based on community feedback and market conditions. Three review meetings—held on July 1, 2025, October 1, 2025, and scheduled for January 1, 2026—will determine the optimal launch window.

Fundraising momentum has accelerated after a notable slowdown in late 2025. The project has now crossed $919,259 in total capital raised, approaching its $1M target. The journey included reaching $750,000 by mid-May, $800,000 by mid-June, $850,000 by July, and surpassing $900,000 in October. The recent resurgence in funding activity signals renewed investor confidence as market sentiment improves.