Washington - Al sharqiya, July 14: The cryptocurrency Bitcoin hit a new all-time high on Monday, surpassing $120,000 for the first time, amid investor expectations of long-awaited political gains for the industry this week. Bitcoin has surged 29 percent so far this year, sparking a broader rally in other cryptocurrencies in recent weeks despite Trump's tariffs, which have caused considerable chaos. The U.S. House of Representatives will begin debating a series of bills on Monday to provide a regulatory framework for the digital asset industry, a long-awaited demand from companies and investors in the sector.
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