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Bitcoin Soars Past $120000 as US Congress Starts Crypto Week

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#Bitcoin 
Bitcoin has surged past $120000 amidst discussions on virtual asset laws in the US house and significant institutional buying.

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Bitcoin Falls as Lawmakers grapple with crypto regulations bills: CNBC Crypto World #USCryptoWeek #Bitcoin❗

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Bitcoin soars to new all-time high as US lawmakers focus on pro-crypto legislation Bitcoin continued its rapid climb and hit another all-time high Monday as U.S. lawmakers begin a week focused on passing pro-crypto legislation. Data from CoinMarketCap showed bitcoin climbed above $123,000 early Monday, up from about $108,000 only a week ago. The world’s oldest and most popular cryptocurrency is currently the fifth most valuable asset class in the world at $2.4 trillion, giving it a higher market cap than Amazon. The enthusiasm for bitcoin comes as the U.S. House is set to take up several pieces of cryptocurrency-related legislation in what’s been dubbed “crypto week” in Congress. Lawmakers have been under pressure from President Donald Trump and the big-spending crypto lobby to pass legislation quickly. That includes a bill passed last month by the Senate that would regulate a type of cryptocurrency known as stablecoins. The House is also set to take up a cryptocurrency market structure legislation that is far more sweeping. #BTCWhaleTracker #BTC #bitcoin.”

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