Ontology (ONT) is adding 3.0% to $0.1483 this week, in line with Bitcoin’s (BTC) rise of 3.0% to $122,112. Despite escalating trade tensions fuelled by Donald Trump’s promise to impose 305 tariffs on the EU and Mexico if no agreements are reached by August 1 the crypto market remains flush with capital and continues to rally.

This week holds particular significance for the crypto industry, as the U.S. Congress is reviewing several key bills aimed at regulating stablecoins. ONT is moving in step with the broader market, testing the resistance at $0.1500 and eyeing a potential push towards the next target at $0.2000.