#CryptoMarket4T Bitcoin reached a new all-time high on Monday morning, surpassing the threshold of 120,000 USD, amid strong institutional demand and an improving regulatory climate.
The U.S. Congress is preparing to launch 'Crypto Week' starting July 14, during which several legislative proposals aimed at clarifying the legal framework for digital assets will be discussed. This transition from an enforcement-based approach to a dialogue-focused one has boosted market sentiment and reignited interest from institutional investors, according to an analysis by brokers at Pepperstone.
Spot Bitcoin ETFs see record inflows
On July 10, spot Bitcoin ETFs recorded net inflows of 1.18 billion USD in a single day. Cumulatively, these products have already attracted over 51 billion USD — a clear signal of sustained demand from investors.
