Bitcoin Hits $123K, Altcoins Surge Amid US Regulatory Relief
Bitcoin Hits $123K, Altcoins Surge Amid US Regulatory Relief

Bitcoin Hits $123K, Altcoins Surge Amid US Regulatory Relief

News summary

The crypto market is witnessing renewed optimism, spurred by Bitcoin reaching an all-time high and significant regulatory developments in the U.S. under President Donald Trump's administration, including the passage of the GENIUS Act and CLARITY Act. This positive sentiment is bolstering interest in altcoins such as Cardano, Lido DAO, Ethereum Classic, and emerging tokens like Ozak AI, Unilabs Finance, SUI Blockchain, Solana, and Mutuum Finance. Cardano is gaining traction through integrations like Blockchain.com's DeFi Wallet and potential XRP Ledger collaboration, while Lido DAO benefits from BitGo's new ETH staking support. Ethereum's breakout has triggered increased social media activity and retail interest, lifting altcoin engagement overall. Meanwhile, innovative projects like Unilabs Finance use AI-driven portfolio management, and SUI Blockchain has integrated native Bitcoin support, unlocking substantial new liquidity. Solana remains a steady presence, and Mutuum Finance's presale shows strong investor interest, highlighting a mix of established and emerging altcoins poised for potential growth amid improving market conditions.

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