Bitcoin has fallen below the $117,000 level on Tuesday after cryptocurrency-related bills were blocked in the House of Representatives.

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.

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,

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

There are several reasons Bitcoin could reach even greater heights over the second half of the year. Here's why.

Firms like GameStop and Trump Media are following the Michael Saylor playbook and treating bitcoin as a strategic reserve.

Valentin Fournier, the lead research analyst at BRN, called the slowdown in bitcoin inflows a sign of weaker buyer conviction at elevated levels. Today's consumer price index and Wednesday's producer price index could set the tone for the next price move, he said.

Blockchain is the technology underpinning all cryptocurrencies, and many related products like non-fungible tokens (NFTs). In essence, it is a virtual spreadsheet on which all the buying and selling of crypto is recorded. They are arranged in blocks linked together in a giant chain - hence the name.