#bitcoin.” On July 14, 2025, Bitcoin surged to a record $123,153, stabilizing around $122,000, marking a ~30% rise year-to-date .
The price jump is driven by U.S. lawmakers entering "Crypto Week," considering legislation like the Genius Act (regulating stablecoins), the Clarity Act, and the Anti‑CBDC Surveillance State Act .
President Trump has embraced the role of "crypto president," backing reforms to clear regulatory hurdles .
Analysts cite strong institutional buying, favorable U.S. policy momentum, and Bitcoin's shift towards being viewed as a reserve asset, even by central banks .
Other assets also climbed—Ether hit a five-month high (~$3,060), while XRP and Solana gained ~3–5%, pushing total crypto market cap to $3.8 trillion .
Crypto-linked stocks and ETFs surged too: Coinbase, MicroStrategy, and MARA rose several percent, and Hong Kong spot Bitcoin ETFs reached new peaks .
