Bitcoin Pepe price outlook as Ohio House passes major crypto bill

Bitcoin (BTC) and major altcoins, including Ethereum (ETH), XRP, and Solana (SOL), saw modest price movements on Thursday, as the crypto market remained steady following the Federal Reserve’s decision to leave its benchmark interest rate unchanged at 4.25%–4.50%. In its policy statement, the Federal Open Market Committee reaffirmed its goal of achieving maximum employment and returning inflation to the 2% target. The central bank also released its quarterly economic projections, including the closely watched dot plot. Officials maintained their outlook for two rate cuts totalling 50 basis points by the end of the year, in line with projections from March. Meanwhile, heightened geopolitical tensions—particularly those surrounding the Iran-Israel conflict—continue to contribute to market uncertainty. Against this backdrop, regulatory developments have provided a measure of support. Regulatory clarity is increasingly seen as essential for broader adoption, especially for infrastructure-focused and early-stage tokens. Projects such as Bitcoin Pepe could be positioned to benefit from the evolving regulatory environment. Ohio House passes crypto bill Ohio’s House of Representatives has passed a bill aimed at making it easier for residents to use cryptocurrency for everyday transactions, pushing forward one of the state’s most notable pro-crypto efforts to date. The Ohio Blockchain Basics Act, or HB 116, cleared the House in a 70–26 vote on Wednesday, a day after it advanced through the Technology and Innovation Committee, according to the state legislature’s website. The bill now moves to the state Senate for further consideration. If enacted, HB 116 would prohibit local governments from imposing additional taxes or fees on the use of cryptocurrency for legal goods and services. It would also exempt transactions under $200 from capital gains tax. In addition, the bill contains provisions to protect crypto mining operations from discriminatory regulatory action, reinforcing Ohio’s intention to be a hospitable environment for digital asset businesses. Ohio joins a growing list of US states pursuing legislation to integrate crypto into payments infrastructure and state treasury management. Bitcoin Pepe is riding the broader crypto wave The growing regulatory clarity in the US is expected to provide long-overdue visibility for altcoins and meme coins, potentially altering how investors evaluate these assets. As oversight increases, the market may begin to prioritise credible, utility-focused narratives over pure speculation. In this shifting environment, technically ambitious projects like Bitcoin Pepe could gain legitimacy. Positioned at the intersection of cultural relevance and infrastructure innovation, Bitcoin Pepe aims to bridge the divide between meme appeal and real-world functionality. Unlike most meme tokens that rely exclusively on hype and community momentum, Bitcoin Pepe is anchored by a defined technical roadmap and an infrastructure-oriented narrative. This positioning has resonated with investors, helping the project raise nearly $15 million through its ongoing presale. According to the team, Bitcoin Pepe ’s BPEP token will be listed on MEXC and BitMart. A move that is expected to enhance the token’s visibility, liquidity, and credibility ahead of a broader rollout. Adding to investor anticipation, the project is also expected to make another listing announcement on June 30. The post Bitcoin Pepe price outlook as Ohio House passes major crypto bill appeared first on Invezz

Source: Invezz