Monday, July 14, 2025
Bitcoin Breaks $120K Barrier Amid Regulatory Optimism
Bitcoin has surged beyond $120,000 for the first time, hitting a peak of $122,571, fuelled by strong institutional buying and optimism around upcoming U.S. Crypto regulations. The rally comes as Congress prepares to debate the Genius Act, which could set stable coin standards, while President Trump's pro-crypto stance bolsters market confidence. The broader digital asset space is riding momentum too, with major coins like Ether, XRP, and Solana pushing total market value close to $3.8trillion.
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