Bitcoin's on fire! It just hit a brand new all-time high, crossing $120,000! This impressive surge is fueled by more big companies getting involved and a highly anticipated "Crypto Week" kicking off in Washington D.C. today.
The world's top cryptocurrency recently traded at $119,701.8, even reaching $119,943 earlier. This record comes after strong ETF investments and clearer rules started to emerge last week.
Investors are super optimistic because the U.S. House of Representatives is set to debate landmark crypto bills like the "Genius Act," "Clarity Act," and the "Anti-CBDC Surveillance State Act." If these pass, they could truly shape the future of stablecoins, crypto custody, and the entire digital financial world!
Big names like BlackRock and Fidelity are making huge investments in #bitcoin
ETFs, showing that institutional demand is stronger than ever. This is a massive vote of confidence!
Even crypto stocks, including miners and ETF-linked companies, saw big boosts.
And get this: a major Chinese regulator even held a session to discuss digital currency policy, suggesting a potential shift in China's long-standing ban on crypto trading.
With Bitcoin soaring and big regulatory moves on the horizon, what are your thoughts? Are you bullish, bearish, or just watching closely? Reply and tell me!#BTC120kVs125kToday
