Lunch Wrap: Tech Stocks Run Red Hot as ASX Flirts with Record

Bitcoin Soars Past $120K Amid ‘Crypto Week’ Hype, Trump’s Support Fuels Record Surge

Bitcoin surged past the $120,000 mark for the first time on Monday, marking a historic milestone as investor optimism spiked ahead of expected regulatory wins for the crypto industry during what Republicans have dubbed “Crypto Week.” The world’s largest cryptocurrency hit a record high of $123,153.22 before easing slightly to $119,750.86, still up more than 27% this year. Analysts say the rise is being fueled by institutional interest, weak doll…

Lunch Wrap: Tech stocks run red hot as ASX flirts with record

ASX hovers at record high as tech surges Bitcoin hits $123k at the start of Crypto Week Hub24 jumps, Newmont CFO exits   The ASX was up 0.4% by lunchtime in the east, and you could see traders glancing at the record books. At this time of writing, the ASX 200 index is sitting pretty above the previous record close of 8603 set on July 4. With tech stocks surging and Wall Street showing its poker face on Trump’s latest tariff gambits, local invest…

Bitcoin Breaches $120K, Institutional FOMO Takes and House Debate Propel Gains

Bitcoin price has hit a new record high price of $123,236 on Monday, not only breaking through the $120k psychological barrier, but also decisively flipped it into a support level. The uptick is driven by “Crypto Week” phenomenon, whereby the US House of Representatives is set to debate two key bills-the GENIUS Act and Clarity Act. In addition, the House will discuss proposals limiting Central Bank Digital Currency (CBDC) surveillance. President…

U.S. House Prepares Vote on Crypto Bills to Shape CBDC Future

U.S. House planned to vote on a historic measure this week. Major crypto bills review will be carried out between July 14 and 18. Among them was the Anti-CBDC Act and the CLARITY Act as well as the GENIUS Act. The GENIUS Act was able to achieve a powerful Senate victory. On June 18, 2025 a 68-30 vote was registered. The proposal of the CLARITY Act elucidated the definition of digital assets. This bill increased control of the CFTC. In May 2025 S…