US isn't leading at least in innovation and others countries are not following in their steps anymore.

Sometimes it's hard to acknowledge that crypto is not only for those in US.

We concern ourselves so much with what US thinks of crypto, which senators are in favor of crypto, which election runners are pro crypto and what not.

This is logical if you lives in US and given US is still have a large economy even tho it seem like it's on the edge of the mountain top.

Good thing is, some countries are not following what US has been feeding / signaling / encouraging when it comes to crypto.

103 countries have taken up initiatives for developing crypto regulations alongside the objectives for organizations dealing with cryptocurrencies.

US has so many things to concern itself such as current economics, current ongoing gender identity politics, systematic racism , and so on.

Sure , the market will take a hit for a while but there are over 100 countries which are trying to work with crypto to their advantage.

As many has been predicting , next bull market may comes from East part of the world hence Asian Countries.

To convince you further, I lives in 3rd world country where crypto is heavily used to counter gov actions ( freezing bank accounts , kidnapping you for some suspicion bank transfers , trying to limit international payments etc).

Cheers !