Bitcoin continues its ascent by surpassing the significant milestone of $122,000. This news coincides with the start of 'Crypto Week' in the US, promising significant changes in the cryptocurrency sector.
Achieving New Price Record
On July 14, Bitcoin reached a record price of $122,500 on Coinbase, while other exchanges recorded slightly lower figures. On the same day, the cryptocurrency increased by 3.5%, climbing above the $120,000 mark. Since July 11, when Bitcoin first crossed the $118,000 mark, its value has been on a steady upward trend.
Discussions in the US Congress
From July 14 to 18, the US has declared 'Crypto Week', during which several bills will be reviewed, including the GENIUS Act for stablecoin regulations and the CLARITY Act for establishing a clear crypto framework. Speculation also exists regarding a potential announcement about a US strategic Bitcoin reserve.
Trends in Real World Asset Tokens
According to CoinGecko, real-world asset tokenization is showcasing the highest growth among categories, increasing by 13% and outperforming meme coins and AI tokens. Projects such as Chainlink and Avalanche are delivering strong results against the backdrop of the broader market growth.
Bitcoin remains in the spotlight with its price increase and legislative initiatives in the US, which might open new horizons for crypto investors.
