Bitcoin Hits $122K Ahead of Major U.S. Crypto Legislation

Bitcoin reached a record $122,055, marking a major surge in 2025 and rising 29% this year. The rally comes just as the U.S. enters “Crypto Week”, where lawmakers will debate bills that could reshape crypto regulation.

Three key bills are on the table:

  • GENIUS Act: Defines when crypto assets are securities or commodities, giving startups legal clarity.

  • Clarity Act: Prevents courts from expanding agency powers over crypto—keeping authority with Congress.

  • Anti-CBDC Act: Blocks any government-issued digital currency to protect citizens’ financial privacy.

Former President Donald Trump supports new crypto-friendly rules, moving away from past SEC lawsuits under Biden’s administration.

Ethereum also jumped to $3,048, its five-month high, while the global crypto market cap now nears $3.8 trillion.

This week could shape the future of U.S. crypto laws—and the industry’s long-term growth.

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