Bitcoin Surges 118% Above All-Time High as U.S. Prepares Crypto Legislation
Crypto sentiment has been on the rise, with Bitcoin’s price surging past its all-time high and holding firm above $118,000. This surge has given the market a renewed sense of energy, with many now eyeing the $125,000 level. The surrounding environment, including the possibility of Federal Reserve rate cuts and strong moves inside U.S. regulatory circles, has set the stage for a market that could run higher for months. Institutional and policy attention has entered the conversation, making it harder to ignore the potential in well-designed projects with true utility.
The U.S. is preparing for what may become a defining moment in the world of digital assets. Bo Hines, who leads the White House’s focus on crypto, recently made a…