The Bitcoin currency witnessed a significant rise this morning, surpassing the $122,000 mark, approaching the highest level recorded on July 14 at $123,091. This rise came amid a continued positive sentiment in the market, reflected in a strong presence from institutional investors and notable Bitcoin trading funds. Additionally, expectations of passing encouraging legislation for digital currencies, within the scheduled 'Crypto Week' in Washington, support the bullish outlook. Thanks to this momentum, analysts are now anticipating the testing of new record levels in the coming weeks, as the market attracts more confidence amidst general fluctuations in the financial markets.
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