Bitcoin hits all-time high above $121,000 ahead of U.S. lawmakers Crypto Week

Bitcoin marked new all-time high record on Monday, hitting  $123,000 ahead of U.S. lawmakers Crypto Week to Mao out clear policies for cryptocurrency. In the early hours of Monday, Bitcoin hit a record high of $123,153.22, before slightly dropping to above $121,000. Amid the surge, Ethereum, second largest token, hit $3,059.60, while XRP and Solana made about 3 per cent gains respectively. This bullish move is attributed to huge ETF inflows from Investors amid plans by U.S. policy makers to make regulation for the industry. Starting from Monday, the U.S. House of Representatives will deliberate on crypto related bills to come up with regulations for crypto industry.