Stablecoin Bill Advances: Bitcoin Hits Record High as Altcoins Surge

The US Senate passed a major crypto regulation bill, impacting both Ripple and Coinbase’s potential acquisition of Circle. Meanwhile, Bitcoin has broken its all-time high, reaching over $109,000, fueled by institutional adoption and strong inflows into U.S. spot Bitcoin ETFs. This surge coincides with an explosive altcoin rally, as the momentum from Bitcoin’s new record pushes investors towards promising projects.