The House of Representatives is set to consider three bills that could overhaul U.S. crypto policy, a development that has propelled Bitcoin to a new record high above $123,000. Other digital coins climbed yesterday, pushing the market cap of the industry to about $3.8 trillion. Let’s take a close look at the reasons behind the move and how far could Bitcoin go for the rest of 2025.

‘Crypto week’ on Capitol Hill and weak US Dollar: Why Bitcoin cleared $123,000

Bitcoin’s push through the $123,000 mark on Monday did not occur in a vacuum. The jump coincides with what Republicans have dubbed “crypto week,” a stretch in which the House of Representatives is scheduled to debate—and potentially…