After ‘Crypto Week’ in the US, could Bitcoin surge higher?
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The Bitcoin (CRYPTO: BTC) price surged past US$120,000 (around $183,000) on Tuesday, 15 July, as a series of high-profile regulatory developments in the United States — dubbed “Crypto Week” — brought renewed attention to the world’s largest digital asset.
So, what happened during Crypto Week? And could the price of Bitcoin go even higher from here?
Crypto Week delivers legislative breakthroughs
The US House of Representatives passed its first federal legislation to regulate stablecoins, marking a historic moment for the cryptocurrency industry. As the bill had already passed the Senate with bipartisan support, it will come into effect once signed by the President.
Two additional bills also cleared the…
