#Bitcoin rallied Thursday to a new all-time high above $116,000, the latest milestone for the cryptocurrency in recent months as House Republicans appeared to stoke regulatory optimism among crypto investors. Other #cryptocurrencies have surged over the last 24 hours, including #ethereum (up 7%), #XRP (5.3%), #Solana (4.3%) and the meme token #dogecoin (6.2%). The GOP-led House Committee on Financial Services announced earlier this month the week beginning July 14 would be “#CryptoWeek,” during which the House would consider crypto-friendly legislation like the GENIUS Act, among others, in moves the committee said would help make the U.S. the “crypto capital of the world.” Read more at the link in our bio. (Illustration: Chesnot via Getty Images)