Pakistan, July 14 -- Bitcoin soared to a record high of $121,207.55 on Monday, marking a historic moment for the cryptocurrency market. The surge came as investors grew optimistic about upcoming regulatory discussions in the United States, where lawmakers are preparing to debate several bills aimed at shaping the digital asset industry.

The rally was further fueled by comments from US President Donald Trump, who has openly supported the crypto sector. Calling himself the "crypto president," Trump has urged Congress to implement clear and favorable rules for digital currencies, signaling a potential shift in US crypto policy.

As a result, Bitcoin rose by 1.5% on Monday alone, trading at $120,856.34 by the afternoon. Year-to-date, the cry...