Regulatory Boost and Market Optimism Fuel Hopes for Post-Halving Bull Run
The cryptocurrency market, now valued at $2.3 trillion, saw a major milestone today as Bitcoin reached a new all-time high of $124,128 in early UTC trading. Prices have since eased by 2.1% to $121,100, but the surge has reignited talk of a long-awaited post-halving bull run.
Investor enthusiasm is spilling over into the altcoin sector, with major projects and even meme coins showing record-breaking performance over the past year. Assets such as XRP, TRON, Solana, Sui Network, Pepe, Trump, SPX6900, and FartCoin have all posted fresh all-time highs, underscoring the market’s broad strength.
Positive sentiment has also been reinforced by major regulatory developments in the U.S. On July 18 — just four days after Bitcoin’s milestone — President Trump signed the GENIUS Act, the country’s first comprehensive stablecoin law. Around the same time, the SEC launched “Project Crypto,” a wide-ranging effort to update securities laws and provide long-awaited regulatory clarity for digital assets.
With Bitcoin’s breakout and altcoins showing strong momentum, analysts believe several top-performing tokens could be on the verge of retesting or surpassing their historical peaks in the weeks ahead.
