Bitcoin Tops $118,000 For The First Time

WORLD WIDE WEB – Bitcoin has soared to an all-time high, topping $118,000, driven by a surge of investments into spot Bitcoin ETFs.

The rally is reportedly fueled by a soft U. S. Dollar and crypto-friendly policies under president Donald Trump’s administration.

The Senate recently passed the Genius Act, aimed at regulating stable coins and boosting consumer confidence, as part of a broader push to legitimize and stabilize the fast-growing crypto space.

The U.S. house is set to consider the legislation next week.