Bitcoin hits record high as crypto investors look ahead to policy wins

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Crypto investors are in a position to a wave of long -expected policy progresses next week, which can unlock fresh investment in the digital asset sector.

Expectations about these regulatory developments helped BitCoin reach a new record on Friday, while also raising the cryptocurrency stock on the US list.

Since the beginning of Monday, the US House of Representatives has been ready to discuss a series of bills aimed at establishing a long -demand regulatory framework for the crypto industry.

These demands have resonated with US President Donald Trump, who has called himself the “Crypto President” and urged policy makers to improve the rules in favor of the industry.

Trump himself is one of the many crypto projects, including the World Liberty Financial, a platform with his sons Eric and Dawn Junior.

Members of the Congress are ready to vote on the Genius Act, the Clearity Act, and the Anti -CBDC monitoring State Act during the “Crypto Week” as industry tensions with Washington are melting. The most important bill is the Genees Act, which will create federal rules for the Stable Queens.

“Even if the final passage stalls are faster, the optics of legislative engagement are fast,” said Jung Conner, the head of the Crypto Exchange Butt Finex.

Nanson’s research analyst Nicholai Sonadargard said the bitcoin hike has mobilized a wider rally in the crypto market, making the relevant spot exchange trade funds more strong and permanent.

The world’s largest cryptocurrency was $ 117,333.32 to the last 3.3 %, which made its benefit to 26 % for the year. In the last three months, digital assets have increased by about 41 %.

BitCoin buyer and holder’s strategy increased by 1.9 %, while crypto miner riot platform, hit 8, and hit holdings increased between 0.7 % and 1.6 %.

“Investors are running to take a position before attracting the incident,” AJ Bell’s investment analyst Dan said, citing “Crypto Week”.

Investors chase more profits in small tokens as a result of the growing confidence in BitCoin. Ether, the second largest token, was the last 5.13 %, while XRP and Solana achieved 9.7 % and 0.8 % respectively.

According to CoinMarket Cap data, the total market price of this sector is about $ 3.67 trillion.

‘Crypto Week’

The House of Representatives is ready to pass a series of crypto -related bills next week, including a bill that will set up a regulatory framework for Stable Queens after Trump’s approval.

Stable Queens, designed to maintain a type of cryptocurrency of a type of cryptocurrency, is commonly used by $ 1: 1 PEG, commonly used by crypto traders to transfer funds between tokens. Their use of them has increased rapidly in recent years, and supporters say they can be used to send payment immediately.

The bill, named after the Genees Act, received bilateral support in the Senate, with several Democrats joining the Republican to support the proposed federal rules. It is expected that it will pass the house and then go to Trump, who has said that he will sign the bill in the law.

The bill will need to support liquid assets – such as the US dollar and short -term treasury bills – and for issuers to publicize the formation of their reserves on a monthly basis.

Crypto supporters say these rules can legalize stable coins, which can provide more relief to banks, retailers and consumers for the transfer of funds.

Next week, the House is also expected to pass a bill aimed at developing a regulatory government for crypto currencies and will expand the supervision of the digital asset industry’s commodity future trading commission.

The bill, called the Clearsity Act, can be considered in the Senate, where it will need to pass before Trump goes to Trump for final approval.

If the law is signed, the bill will be explained when a cryptocurrency is security or commodity and clarify the jurisdiction of the Securities and Exchange Commission about the sector, in which the Biden administration disagreed with the crypto companies.

Crypto companies have argued that most crypto tokens should be categorized as commodities rather than securities, which will easily enable these tokens to be offered to their customers.

Suspicion lifts red flags

Bitcoin’s fast rally is cautioned by the corner of the market.

Since the crypto is embedded in the traditional financial system, some analysts have warned that the hype is moving forward.

“(Regulatory) Back drop has endorsed prices, and focus has turned to BitCoin’s role in portfolies, some have attributed the crypto asset to ‘digital gold’.

Possibly with volatility, some analysts have warned investors to stop and weigh their time horizons before jumping.

“It’s not difficult to be optimistic about Bitcoin at this moment, but there is still a risk of a reduction in price or short -term pullbacks,” said Simon Peters, an online brokerage Etoro analyst.

Critics have argued that the Trump administration is highly recognizing the crypto industry at the expense of protecting consumers and retail investors.

Democratic Senator Elizabeth Warren said this week, “I am concerned that the purpose of my Republican colleagues is another industry handout that offers the Crypto Lobby to the list of wishes.”

Trump has been criticized by political rivals and ethics experts for the possibility of conflicts over his family’s crypto plans.

The White House has said that there is no interest for Trump and his assets are in confidence in his children.