Bitcoin's price volatility returns with a new peak of $123,200, as retail investor interest surges during a pivotal week for cryptocurrency regulation in the U.S.
Bitcoin recently surged to an all-time high of $123,200 before retracing to $115,700, reflecting increased volatility. Despite this, the overall trend remains bullish, with key support levels holding. Notably, retail investor demand is reawakening, as indicated by a positive shift in small BTC transfer activity. This comes as U.S. lawmakers debate significant cryptocurrency bills during 'Crypto Week,' potentially shaping future regulatory frameworks.