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Bitcoin Tops $120K for First Time as U.S. “Crypto Week” Regulatory Hopes Boost Rally

Bitcoin Tops $120K for First Time as U.S. “Crypto Week” Regulatory Hopes Boost Rally
Bitcoin hit a new peak above $120,000—with intraday highs near $122,571—driven by a 29% year-to-date surge. The rally is fueled by institutional inflows, optimism over upcoming U.S. crypto regulations during “Crypto Week,” and support from President Trump. Ethereum and altcoins also advanced, pushing total crypto market cap to around $3.8 trillion. Analysts now eye potential upside toward $125K–$130K amid sustained momentum.

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