'Countdown to $120,000' Bitcoin Hits New Highs Daily [Coin Briefing]
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- 2025-07-14 09:34:32
- Updated
- 2025-07-14 09:34:32
'Crypto Week' Anticipation... Ethereum, the 2nd Largest by Market Cap, Nears $3,000
[Financial News] Bitcoin continues to hit new highs daily, nearing its first-ever entry into the $120,000 range.
According to the global virtual asset information platform CoinMarketCap on the 14th, Bitcoin is trading at $119,300 as of 9:30 a.m. today. This is an increase of 1.68% compared to the previous day (24-hour basis). This is the first time Bitcoin has surpassed the $119,000 mark. Having surged nearly 10% over the past week, Bitcoin is trading at 162 million won in the won market. The Korean premium is -0.79% (based on Upbit).
The U.S. Congress has designated the week starting the 14th (local time) as 'Crypto Week', focusing on discussing virtual asset-related legislation, which is believed to be driving investment sentiment towards Bitcoin.
French Hill, Chairman of the U.S. House Financial Services Committee, announced in an official statement that "the entire U.S. House will vote on the CLARITY Act, the GENIUS Act, and the Central Bank Digital Currency (CBDC) Prohibition Act."
At the same time, Ethereum, the second-largest virtual asset by market capitalization, is up 1.11%, trading at $2,979. XRP (Ripple) also rose 3.26%, trading at $2.83.
elikim@fnnews.com Mihee Kim Reporter