Bitcoin surged to a record high of $123,205, while Ether climbed above $3,000, fueled by rising investor interest and mounting political momentum in the U.S.
This spike coincides with the U.S. House of Representatives’ “Crypto Week,” during which lawmakers are set to review three key bills: the GENIUS Act (on stablecoins), the CLARITY Act (on crypto market structure), and the Anti-CBDC Surveillance State Act (aimed at banning central bank digital currencies).
“Trump has been a vocal supporter of cryptocurrencies, and his promises now appear on the brink of becoming law,” Susannah Streeter of Hargreaves Lansdown told AFP.
“This could encourage more companies and financial institutions to hold digital assets.”
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