Bitcoin just made history, smashing through the $120,000 barrier for the first time ever! 📈 The crypto king hit an all-time high of $122,571.19 on Monday, fueled by bullish investor sentiment and major regulatory buzz in the U.S.
Analysts say the rally—up 29% this year—isn’t slowing down. 'It’s like a rocket with unlimited fuel,' said IG’s Tony Sycamore, predicting a potential $125K target. 🚀 Other tokens like Ether and Solana joined the party, climbing 3% as the crypto market’s total value ballooned to $3.81 trillion. 💰
Why the surge? All eyes are on Washington: The U.S. House is debating bills this week to create clearer rules for digital assets—a move championed by former President Donald Trump, who’s dubbed himself the 'crypto president.' 🏛️ Meanwhile, institutional investors and even central banks are reportedly eyeing Bitcoin as a long-term reserve asset, says OKX’s Gracie Lin.
Asia’s also jumping in: Family offices and wealth managers are driving fresh demand, signaling Bitcoin’s growing role in global finance. 🌏 Could this be crypto’s 'main character' moment? Stay tuned. 🔥
