$COIN and $CRCL have been severely impacted due to issues with the bill, and cryptocurrencies have also experienced a pullback because of disagreements and uncertainties surrounding this bill. The core of the controversy and disagreements is a matter of interests. In balancing interests between the banking industry and cryptocurrencies, the market will experience low liquidity before the bill is passed. This is somewhat similar to the situation when MSTR was excluded from MSCI.