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Bitcoin hits all-time high of $123,000 as Washington declares "crypto week"

  • Bitcoin hits an all-time high of $123,000, driven by institutional demand and Trump's support for cryptocurrencies.
  • A Bitcoin 'whale' moves $8.6 billion worth of virtual currencies, while Bitcoin mining becomes increasingly unprofitable.
  • Bitcoin's price surge influences other major cryptocurrencies, with Ether reaching a five-month high at $3,059.60.
  • The cryptocurrency market is valued at $3.81 trillion, as Washington declares 'crypto week' and plans to vote on new regulations, including the US Stablecoins Act.

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