Crypto News: #Bitcoin Soars Past $111,000 Amid Regulatory Optimism
Bitcoin hit a record high of $111,888, surpassing Amazon’s market cap, driven by institutional investments and U.S. legislative progress. The Senate’s advancement of the GENIUS Act, a bipartisan bill for stablecoin regulation, has fueled market optimism. Solana’s Alpenglow upgrade promises near-instant transaction finality, while Coinbase joins the S&P 500 despite a $400M cyberattack. Meme coins like #PEPE and #WIF rally, reflecting renewed market vigor. However, concerns linger over potential conflicts of interest tied to political crypto ventures.$BTC