$BTC
🚨 Breaking News🚨
1. New all-time high above $120K
Bitcoin has surged past $120,000 for the first time, currently trading around $120,900 — continuing its strong 30%+ rally year‑to‑date .
2. Institutional & macro boost
The breakout has been fuelled by increasing institutional inflows, continued ETF purchases, and macroeconomic tailwinds like U.S. regulatory developments .
3. Crypto Week & U.S. regulatory momentum
Ahead of “Crypto Week” in Congress (starting July 14), optimism is mounting as key crypto bills (Genius Act, Clarity Act) are under debate — seen as a possible catalyst for further gains .
4. Dominance and altcoin dynamics
Bitcoin dominance has climbed to around 65%, pressuring altcoin performance. Still, certain altcoins (e.g., XLM, HBAR) are posting double‑digit gains .
5. Treasury adoption & mega investors
U.S. federal and state governments (like Texas) are building Bitcoin reserves. Corporates such as MicroStrategy and Japan’s Metaplanet are expanding BTC holdings. Pay‑for long‑term strategy .