# @forbes on Instagram

- **Type:** Image
- **Original URL:** https://www.instagram.com/p/DMQ3BpXPPeK
- **Gondola URL:** https://gondola.cc/posts/32477634-forbes-instagram
- **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/postThumbnails/a94e2e6366.jpg
- **Posted:** 2025-07-18T21:00:12.000+00:00
- **Account Owner:** Forbes (@Forbes) — https://gondola.cc/Forbes

## Caption

#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 the broader market, itself near record highs and up nearly 12% from a year ago.

Continue reading at the link in our bio. (Photo: CFOTO/Future Publishing via Getty Images)

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## Tags

finance, cryptoweek, btc, bitcoin, cryptocurrency

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