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Bitcoin Hits Record High Ahead Of ‘Crypto Week’

UNITED STATES, JUL 11 – Bitcoin surged nearly 41% in three months to a new high near $116,626 amid growing support for the CLARITY Act and other crypto bills in the U.S. House of Representatives.

  • On Thursday, Bitcoin surged past $116,000 for the first time, driven by increasing optimism among U.S. crypto investors.
  • This surge followed mounting expectations for 'Crypto Week' starting July 14, when the House will debate crypto-friendly legislation including the GENIUS Act.
  • Legislation aims to establish regulatory clarity by defining stablecoins' legal status and expanding Commodity Futures Trading Commission oversight.
  • House Financial Services Chairman French Hill described the current moment as a unique and significant chance for the United States to establish itself as the global leader in cryptocurrency.
  • The event and legislation could invite new investment, but analysts warn of possible short-term price pullbacks amid cautious market sentiment.
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The cryptoactions quoted in the United States skyrocketed on Friday, while the bitcoin reached new records on the eve of a historic week that could cement political victories for the cryptocurrency sector.As of July 14, the House of Representatives will debate three major cryptocurrency bills that will probably give the sector the regulatory framework it has been demanding for so long in the United States. Congressmen will discuss the so-called …

FINANCES.— Cryptocurrency investors are betting that a number of long-awaited regulatory developments for the industry — ahead of next week — could attract new investments to the sector. As of Monday, the U.S. House of Representatives will debate a series of cryptocurrency-related bills that seek to provide the regulatory framework that the digital asset industry has long claimed. These demands have found echo in President Donald Trump, who call…

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Forbes broke the news in United States on Thursday, July 10, 2025.
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