$XRP

Bitcoin rose slightly to $119,000 in Asian trading on Monday, but investor sentiment remained cautious despite optimism following a series of U.S. legislative measures aimed at regulating the cryptocurrency sector.

The world’s largest cryptocurrency increased by 0.6% to $119,001.6 as of 09:25 Saudi time.

The currency jumped to record levels above $123,000 last week, but has since fallen back below $120,000 and is now trading in a consolidation phase near this level.

$SOL