The cryptocurrency market is experiencing significant developments, with $BTC surging past $120,000 as the US Congress starts 'Crypto Week'. The Senate has passed a stablecoin bill, marking a major victory for the crypto world. $XRP has hit a 12-year milestone with over 2,700 whales holding over 1 million XRP. Vietnam has legalized cryptocurrency under its new digital technology law, while Pakistan has announced plans for a $BTC strategic reserve. Additionally, #coinbase has hit an all-time high as Wall Street reacts to a successful Crypto Week, and experts hail the Clarity Act and GENIUS Act as turning points for the industry ¹ ² ³.