Bitcoin is trading near 117,953 USD, with a moderate increase of +0.33% in the last 24 hours. The intraday high reached 118,498 USD and the low was 117,008 USD.

The regulatory advance in the U.S., with the signing of the "Genius Act" which clarifies the framework for stablecoins, has boosted sentiment in the crypto markets, a trend that also favors Bitcoin. However, its price has fallen about 1% from the peak of this week (~123,000 USD) following the news.

After the rally to new highs, analysts warn that a consolidation phase could begin, while institutional investment is accelerating but still remains limited.