1. Bitcoin hits new all-time highs amid U.S. crypto legislation

This week, Bitcoin surged past $120,000–$123,000 USD, buoyed by pro-crypto developments in Congress and strong institutional inflows .

Analysts from Deutsche Bank highlight rising maturity in Bitcoin’s status: growing ETF activity, corporate treasury investments, and mainstream financial infrastructure support .

2. Regulatory clarity fuels bullish sentiment

The U.S. House and Senate are advancing key legislation — including the GENIUS Stablecoin Act and the CLARITY Act — with President Trump backing a “crypto‑friendly” agenda .

Galaxy Digital warns of a consolidation phase, but believes Bitcoin is positioned to trend higher through July based on continued ETF demand and treasury accumulation .

3. Traditional banks dive into crypto

Standard Chartered launched direct spot trading services for Bitcoin and Ethereum on July 15, marking the first major bank to provide institutional clients with crypto access .

4. Price forecasts are bullish—but not without risks

UK fintech Finder’s panel sees potential peaks between $145,000–$162,000 this year, with ultra-optimistic targets reaching $250,000 .

Still, caution remains: short-term volatility is expected, and a near‑term dip to $110,000 is possible if investors take profits .$BTC #GENIUSAct #bitcoin #BTC