Crypto Rally: Bitcoin Hits Record Amid ‘Crypto Week’ in U.S.

Name: Crypto Rally Bitcoin Hits Record Amid ‘Crypto Week’ in U.S.
Uploaded: 2025-07-14 16:38:22
Duration: 79 s
Description: Bitcoin broke $120,000 for the first time as U.S. lawmakers launched "Crypto Week," a pivotal policy moment for the digital asset industry.

Bitcoin surged to an all-time high of $122,571 on July 14, marking a historic moment for the world’s largest cryptocurrency as the U.S. kicked off “Crypto Week” in Washington.

The rally came ahead of key congressional debates over long-awaited legislation to regulate the digital asset industry. Lawmakers are expected to vote on the Genius Act, the Clarity Act, and the Anti-CBDC Surveillance State Act, all of which could shape how cryptocurrencies are defined, taxed, and integrated into the U.S. financial system.

President Donald Trump, who has declared himself “the crypto president,” voiced support for clearer and friendlier crypto regulations. His comments added fuel to an already strong market performance, with Bitcoin up 29% so far this year.

Ethereum climbed to a five-month high of $3,059, while other tokens like XRP and Solana also rose around 3%.

The total value of the global crypto market reached $3.81 trillion, according to CoinMarketCap, and enthusiasm spread internationally, with crypto-linked ETFs in Hong Kong also posting gains.

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