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Bitcoin retakes $118K after crypto bills poised to proceed

2025-07-16 14:09:15

Bitcoin retakes $118K after crypto bills poised to proceed

Main Idea

Bitcoin's price increased by 0.6% to $118K, positively impacting crypto-related stocks following comments from President Donald Trump about persuading some individuals regarding long-awaited crypto bills.

Key Points

1. Bitcoin (BTC-USD) gained 0.6% to $118K in Wednesday morning trading.

2. The rise in Bitcoin's price lifted crypto-related stocks.

3. President Donald Trump mentioned persuading some individuals about long-awaited crypto bills.

Description

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