๐ข๐ *Bitcoin Reaches All-Time High Amid Anticipation for Crypto Week in the United States* ๐๐ฅ
๐๐๐๐๐ฐ *All-Time High* ๐ธ๐๐๐
Bitcoin (BTC) has reached its all-time high, surpassing $116,868. ๐
๐ *Expectations for Pro-Crypto Political Legislation* ๐
Expectations for pro-crypto political legislation in U.S. politics have contributed to Bitcoin's strong performance. ๐๏ธ
๐ผ *Crypto Week* ๐
The House Financial Services Committee has designated the week starting July 14 as "Crypto Week" to discuss bills such as the "Genius Act." ๐
๐ธ *Institutional Buying* ๐ธ
GameStop purchased approximately $513 million worth of Bitcoin in May, and Trump's media and technology group plans to create a Bitcoin reserve worth $2.5 billion. ๐
๐ *Analysis* ๐
The rise in Bitcoin's price is attributed to positive expectations surrounding supportive crypto legislation and increased Bitcoin purchases by major institutions.
Aโ๏ธ๐ฐ๐ฐCrypto Week in the U.S. from July 14 to 18.๐๐ฐ๐ฐ
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