Want to know why Bitcoin reached a historic high last week?

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There are many reasons, including the continued demand from institutional investors and corporate finance departments. But there is one reason that has not been adequately reported: this week is "Crypto Week" in Washington, and over the next few days, you will see a lot of news supporting cryptocurrency.
On July 3, the U.S. House of Representatives released a news report that was not widely covered but had significant impact.
Officially announced the week of July 14 as "Crypto Week" and committed to advancing three key cryptocurrency bills:
The "GENIUS Act": A Clear Regulatory Framework for Stablecoins
The CLARITY Act: A General Framework for Regulating Crypto Assets
Anti-CBDC Surveillance State Act: A bill to prohibit the United States from creating a central bank digital currency.
The "GENIUS Act" has been passed in the Senate, so if it passes smoothly in the House of Representatives, it will be submitted to the President for signing and may become the first major cryptocurrency legislation in American history.
The "CLARITY Act" and the "Anti-CBDC Act" still require Senate approval, but the passage of either bill in the House of Representatives would be an important milestone.
#BTC #ETH #SOL