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Bitcoin climbs to record $123,000 as US to debate crypto rules [View all]
Source: Reuters
SINGAPORE, July 14 (Reuters) - Bitcoin surpassed $120,000 for the first time on Monday, marking a milestone for the world's largest cryptocurrency as investors bet on long-sought policy wins for the industry this week.
Bitcoin scaled a record high of $123,153.22 before pulling back slightly to trade 2.4% higher around $122,000.
Later in the day, the U.S. House of Representatives will debate a series of bills to provide the digital asset industry with the nation's regulatory framework it has long demanded.
Read more: https://www.reuters.com/business/bitcoin-crosses-120000-record-high-2025-07-14/
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