Bitcoin crosses $120,000 for first time amid policy optimism
Bitcoin jumped past $120,000 for the first time, hitting $122,470 as ETF inflows surged and US Congress preps key crypto bills. Traders eye favourable outcomes from the Genius and Clarity Acts during 'Crypto Week'. Analysts view Bitcoin as a macro hedge, with bullish sentiment rising. Fund managers expect more gains, with projections as high as $150,000 this year.