Bitcoin price hits all-time high as ‘crypto week’ begins

Bitcoin’s (BTC-USD) price headed to fresh heights against the US dollar on Monday as the US looks ahead to a potentially big week of legislative change for the crypto industry with key votes on the agenda.

Bitcoin was changing hands above the $122,000 mark on Monday morning, up 3.3%, having hit all-time highs earlier.

Year-on-year the cryptocurrency’s price has more than doubled following the election of US president Donald Trump.

Trump has carved out a reputation as being a digital asset-friendly president, having spoken at a bitcoin conference in the run-up to his election and his family launching their own crypto business and affiliated token — the ethics of which are up for debate.

“Donald Trump has talked about…

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