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#Bitcoin is soaring to the moon, with the #cryptocurrency posting a new all-time high on Monday of $122,838, nearly a 100% increase since July of last year. For a brief time, Bitcoin’s market cap was upwards of $2.4 trillion, surpassing Amazon as the fifth most valuable asset in the world. The run-up came at the start of what the U.S. House Committee on Financial Services has called “#CryptoWeek,” Three cryptocurrency bills – the CLARITY Act, Anti-CBDC Surveillance State Act and the GENIUS Act— were all approved on Thursday by the House of Representatives. Together they help establish a regulatory framework and help integrate cryptocurrencies into traditional #finance.. “These pieces of legislation further the President’s pro-growth and pro-business agenda, and provide a clear regulatory framework for digital assets,” according to House Majority Leader Steve Scalise. All this anticipation has helped produce outsized returns for #BTC holders, with the coin’s price far outpacing even t...

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