Bitcoin (BTC) posted a strong performance this week, hitting a new all-time high of $123,218 to start the week before consolidating around $118,000 as of Friday. The surge in BTC was supported by rising corporate and institutional demand, with spot Bitcoin Exchange Traded Funds (ETFs) recording a total of $2.02 billion as of Thursday this week. Adding to this optimism is the passage of key crypto-related legislation in the United States (US), with GENIUS, CLARITY, and Anti-CBDC bills now moving to US President Donald Trump’s desk for final signing.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.