Bitcoin surged past the $120,000 mark for the first time in history on Monday, setting a new all-time high and signaling renewed investor confidence in the crypto space. The world’s leading digital asset reached a peak of $122,571 before slightly retreating to trade at $121,953 — still up by 2.4% on the day.
The rally is largely driven by optimism surrounding potential regulatory wins expected to benefit the broader cryptocurrency market this week.