Bitcoin
Bitcoin recorded a new all-time high on July 13, crossing the $120,000 mark for the first time ever, in a sign of growing investor confidence and increasing capital inflows into the world’s largest cryptocurrency. The rally comes amid mounting expectations of long-awaited political gains for the digital asset industry this week.
The US House of Representatives is set to begin discussions today, July 14, on a series of bills aimed at establishing a regulatory framework for the digital asset space, a key demand by companies and investors operating in the sector.
The move has resonated with President Donald Trump, who has described himself as the “crypto president,” urging policymakers to modernize regulations in favor of the industry.
Bitcoin surged 29% year-to-date, sparking a broader rally across other digital assets in recent weeks, despite market uncertainty stemming from Trump’s newly imposed tariffs, which caused some disruption.
Ether, the second-largest cryptocurrency globally, also climbed to its highest level in over five months, reaching $3,048.23 earlier today before easing slightly to $3,036.24 in recent trade.
The total market capitalization of the digital asset sector reached approximately $3.78 trillion, according to data from CoinMarketCap.
Bitcoin
Bitcoin recorded a new all-time high on July 13, crossing the $120,000 mark for the first time ever, in a sign of growing investor confidence and increasing capital inflows into the world’s largest cryptocurrency. The rally comes amid mounting expectations of long-awaited political gains for the digital asset industry this week.
The US House of Representatives is set to begin discussions today, July 14, on a series of bills aimed at establishing a regulatory framework for the digital asset space, a key demand by companies and investors operating in the sector.
The move has resonated with President Donald Trump, who has described himself as the “crypto president,” urging policymakers to modernize regulations in favor of the industry.
Bitcoin surged 29% year-to-date, sparking a broader rally across other digital assets in recent weeks, despite market uncertainty stemming from Trump’s newly imposed tariffs, which caused some disruption.
Ether, the second-largest cryptocurrency globally, also climbed to its highest level in over five months, reaching $3,048.23 earlier today before easing slightly to $3,036.24 in recent trade.
The total market capitalization of the digital asset sector reached approximately $3.78 trillion, according to data from CoinMarketCap.

