#MuskAmericaParty The overall crypto economy has gone through a volatile week, as Bitcoin (BTC), the flagship digital asset, once again tested the $110,000 level, before finishing the week with a modest gain of 0.4%.

According to data, the cryptocurrency reached a weekly peak of $110,307, coinciding with the narrow passage of the controversial 'Big Beautiful Law' by the U.S. House of Representatives on July 3rd.

After a brief drop below the critical threshold of $100,000 during the recent 12-day conflict between Israel and Iran, BTC confidently rebounded.

This sustained upward trend has inspired some analysts with predictions of a new historical high in the coming weeks.