$BTC The overall crypto economy went through a volatile week, as Bitcoin (BTC), the flagship digital asset, experienced the $110,000 level again before finishing the week with a moderate gain of 0.4%.
According to data, the cryptocurrency reached a weekly peak of $110,307, coinciding with the narrow passage of President Donald Trump's controversial "Great Beautiful Law" by the U.S. House of Representatives on July 3.
After a brief drop below the critical threshold of $100,000 during the recent 12-day conflict between Israel and Iran, BTC confidently recovered.
This steady upward trend has inspired some analysts with predictions of a new historical maximum in the coming weeks.