Bitcoin icon rising above U.S. Capitol during Crypto Week rally.

Crypto Week Spurs Bitcoin to $123K Record Rally

Introduction In a historic moment for the cryptocurrency market, Bitcoin (BTC) surged to a new all-time high of $123,000 on July 1–2, 2025. This rally coincides with what has been dubbed “Crypto Week” in the U.S. — a period of significant legislative and regulatory developments in Washington, D.C., that are widely perceived as positive for the…