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Wall Street Rush: Top Firms Quietly Load Up on Bitcoin Before Crypto Laws

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  • Wall Street investors quietly shift focus to Bitcoin amid regulatory buzz.
  • Bitcoin rally fuels major institutional interest before crypto laws pass.
  • Key U.S. bills spark big money moves into cryptocurrency markets.

Bitcoin’s recent price surge has sparked fresh interest among institutional investors, with several top asset managers reportedly increasing their exposure ahead of major regulatory decisions in Washington. CNBC’s Jim Cramer revealed that behind the scenes, influential players on Wall Street are encouraging one another to enter the Bitcoin market—despite years of skepticism.

According to Cramer, long-time crypto critics, including JP Morgan’s Jamie Dimon, may now be warming up to Bitcoin. The former hedge fund manager highlighted that conversations among institutional investors are shifting, with more firms considering significant allocations to the digital asset.

Bitcoin recently broke past a key psychological resistance at $120,000, pushing to an all-time high of $123,236. The rally began after the cryptocurrency bounced off strong support at $98,240, gaining momentum as anticipation builds around upcoming regulatory events.

Also Read: Trump Urges Swift House Approval of GENIUS Act as Crypto Industry Waits

Also Read: Is XRP More Likely to be a Millionaire-Maker than Solana? Expert Gives Review

Big Money Moves Ahead of Critical Crypto Week in Washington

The surge in Bitcoin’s value comes just days before what many in the industry are calling “Crypto Week” in Washington. Lawmakers are expected to vote on several bills that could shape the future of the digital asset market.

One of the major items on the agenda is the GENIUS Act, a bill designed to establish clear guidelines for U.S.-issued stablecoins. Additionally, the House will consider the Digital Asset Market Clarity Act, which aims to define the roles of the SEC and CFTC in regulating cryptocurrencies.

Another critical proposal is the Anti-CBDC Surveillance State Act, which seeks to block the Federal Reserve from introducing a digital version of the U.S. dollar. The bill has gained support from those who believe it protects against potential government overreach in financial surveillance.

Market analysts believe that passing these bills will create a more stable legal environment for digital assets. That clarity is expected to encourage further institutional adoption, increasing demand for Bitcoin and reinforcing its role as a long-term asset.

Conclusion

As crypto legislation advances and Bitcoin hits record highs, institutional players are making quiet but bold moves. Wall Street’s growing interest signals a possible turning point in mainstream crypto adoption, setting the stage for a new chapter in digital finance.

Also Read: Helium Network Surpasses Ethereum in Daily Users as HNT Price Eyes Surge

The post Wall Street Rush: Top Firms Quietly Load Up on Bitcoin Before Crypto Laws appeared first on 36Crypto.

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