Bitcoin (BTC-USD) gained 0.6% to $118K in Wednesday morning trading, lifting crypto-related stocks, after President Donald Trump said he persuaded some conservatives that were blocking a vote on crypto legislation to let the bills proceed.

Stablecoins—not Bitcoin—are emerging as the cryptocurrency of choice for Big Tech companies, as firms including Uber Technologies (NYSE:UBER), Amazon.com (NASDAQ:AMZN), and Apple (NASDAQ:AAPL) explore the technology for global money transfers and

As the U.S. government mulls over the future of crypto regulation during its self-proclaimed “crypto week,” investors are also looking toward a potentially bright future for cryptocurrencies — through their portfolios.

Bullish tailwinds have boosted the world's largest cryptocurrency in the last week. The token's price broke above $120,000 for the first time on Monday.

On today’s episode of CNBC Crypto World, bitcoin falls as new data showed consumer prices rose in June. Plus, crypto asset manager Grayscale announces it confidentially filed with the SEC to go public on U.

The price of bitcoin BTCUSD jumped as high as 3% on Monday to $123,165.67 — a new record for the cryptocurrency. Bitcoin subsequently cooled slightly but was still trading at north of $120,000, at last check.

Bitcoin reached all-time high above $123,000 as lawmakers prepare crypto regulatory bills during "Crypto Week," following Trump's pledge to make the U.S. a "bitcoin superpower."

Bitcoin just broke through $123,000, setting a new all-time high. Follow live updates as BTC enters price discovery, short sellers get crushed, and altcoins begin to stir. Get real-time analysis, expert commentary,

Bitcoin has hit a new all-time high, surpassing $123,000 on Monday. This marks a sharp rise from $108,000 just a week ago.

The Bitcoin price, XRP, Ethereum, and other cryptos were falling as the weeklong rally for the world’s largest coin ebbed out.