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Bitcoin

Bitcoin climbed to a fresh all‑time peak on Monday, briefly trading above $123,000 before settling near $119,800 as Washington prepares to debate a suite of crypto regulations. Robust inflows into spot Bitcoin ETFs, which saw their largest single‑day subscriptions this year at $1.18 billion, combined with expectations that Congress will soon approve measures like the Genius Act to clarify stablecoin and digital‑dollar rules, have fueled confidence among institutional buyers. Exchange and fund executives suggest that long‑term investors are driving the advance, locking up supply in anticipation of further upside, even as potential trade tensions and Federal Reserve rate decisions pose intermittent headwinds.

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