Islamabad, July 14, 2025: Bitcoin has shattered expectations by crossing the $120,000 mark for the first time on Monday, signaling strong investor confidence ahead of crucial U.S. regulatory talks. The world’s largest cryptocurrency surged to a record $121,207 in the Asian markets before settling at $120,856—up 1.5% for the day and 29% year-to-date.
Fueling this rally is growing optimism around U.S. lawmakers finally setting a regulatory path for the digital asset sector. The U.S. House of Representatives begins debating new crypto bills this week—efforts that could redefine how digital currencies operate under U.S. law.
Donald Trump, branding himself the “crypto president,” has openly backed industry-friendly reforms. His recent comments calling for a crypto-focused regulatory overhaul have further energized the market.
Bitcoin’s momentum is not alone. Ethereum, the second-largest crypto asset, surged past $3,048—its highest level in over five months. It currently trades around $3,036.
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The combined market capitalization of all cryptocurrencies now stands at approximately $3.78 trillion, based on CoinMarketCap data.
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Investors are watching closely as Washington’s decisions this week may shape the future of crypto in the U.S. and beyond. If passed, the upcoming legislation could reduce legal uncertainties and attract more institutional inflows, potentially sending crypto valuations even higher.
