U.S. Policy Optimism Boosts Bitcoin to All-Time High Crypto investors look ahead to policy wins, propelling Bitcoin to record high
In mid‑July, Bitcoin surged past $118,000, fueled by mounting optimism around U.S. crypto legislation. Analysts point to Congress scheduling a “Crypto Week” starting July 14, featuring key bills like the GENIUS Act, the Clarity Act, and the Anti‑CBDC Surveillance State Act. If passed, these would bring a formal regulatory framework—especially for stablecoins .
Institutional investors have notably increased their crypto exposure, with names like BlackRock and Fidelity showing interest. Reuters reports that Bitcoin is hitting new record highs driven by institutional demand and policy clarity, creating a significant one-two punch . Market watchers believe even if only some legislation passes, the mere momentum could maintain bullish sentiment. As Jag Kooner from Bitfinex noted, “Even if final passage stalls, the optics of legislative engagement are bullish” .
Looking ahead, all eyes are on the July votes. A positive result could open the floodgates for mainstream investment via ETFs and regulated stablecoins. But skepticism remains, as incomplete frameworks may spark volatility. For now, the dominant narrative is clear: Bitcoin’s record rally reflects both concrete gains and hopeful anticipation.
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