$BTC The overall crypto economy went through a volatile week as Bitcoin (BTC), the flagship digital asset, once again tested the $110,000 level before finishing the week with a modest gain of 0.4%.

According to data, the cryptocurrency reached a weekly peak of $110,307, coinciding with the narrow passage of the controversial "Great Beautiful Law" by the U.S. House of Representatives on July 3.

After a brief drop below the critical threshold of $100,000 during the recent 12-day conflict between Israel and Iran, BTC confidently rebounded.

This resilient upward trend has inspired some analysts to predict a new historical high in the coming weeks.