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Bitcoin has first risen above $120,000!
#BTC再创新高# #ETH突破3000# #BTC#
Bitcoin ( BTC ) price has reached a new high, and has for the first time broken through 120,000 USD. According to Yinhui Caijing data, as of around 13:40 on July 14, the Bitcoin futures price approached 122,700 USD, an increase of 3.34% from the previous day. Its increase over the past year has exceeded 107%.
Source: Investing.com
According to the latest data from the crypto derivatives analysis platform CoinGlass, as of the time of writing, Bitcoin's 24-hour trading volume exceeded $110.7 billion, with a trading increase of 112.43%; $44.4 million in liquidations in the past 24 hours.
The recent surge in Bitcoin is primarily due to the upcoming "Cryptocurrency Week" in the United States, during which the House of Representatives will review several landmark cryptocurrency bills. The positive expectations surrounding this have ignited investor sentiment.
The U.S. House of Representatives has declared the week of July 14 as "Cryptocurrency Week." During this period, it will review the Genius Act (, the Clarity Act ), and the Anti-CBDC Surveillance State Act (, among others. If these bills are passed, they will establish a comprehensive regulatory framework for stablecoins, crypto asset custody, and a broader digital financial ecosystem.