Bitcoin touched an all-time high of $122,600 on Monday, 14 July, as institutional inflows surged and anticipation mounted ahead of a pivotal week of cryptocurrency legislation in the U.S. Congress. Analysts cite ETF activity and regulatory optimism as key drivers.

Bitcoin has surged past $1,22,000, marking a significant rise driven by bullish investor sentiment and favourable policy developments, with increased institutional inflows highlighting its growing appeal.

Bitcoin passed a record milestone of $120,000 a token on Monday as US lawmakers prepared to consider a number of bills aimed at creating clearer regulatory frameworks for digital assets. The world’s largest cryptocurrency climbed 2.