Bitcoin climbs to record $123,000 as US to debate crypto rules

Bitcoin surpassed $120,000 for the first time on Monday, marking a milestone for the world's largest cryptocurrency as investors bet on long-sought policy wins for the industry this week.

Bitcoin scaled a record high of $123,153.22 before pulling back slightly to trade 2.4% higher around $122,000.

Later in the day, the US House of Representatives will debate a series of bills to provide the digital asset industry with the nation's regulatory framework it has long demanded.

Jul-14-2025 02:33:32 PM