Earlier Tuesday, Trump urged the House to “get the first Vote done this afternoon” and told “ALL REPUBLICANS” to “VOTE YES” in a post on Truth Social, acknowledging what Republicans have dubbed as “crypto week.”

The SEC has approved the ProShares UXRP for listing on NYSE Arca—a moment that brings leveraged XRP exposure into mainstream U.S. finance.

Bitcoin price prints a new all-time high near $118,900 on Friday, entering uncharted territory as bullish momentum accelerates. The surge in BTC was supported by rising corporate and institutional demand, with spot Bitcoin ETFs recording a total of $1.69 billion this week as of Thursday.

The House is considering three bills that would regulate digital currencies. The first, the GENIUS Act, is expected to quickly pass and head to President Donald Trump's desk by Friday.

House passage of the Senate’s GENIUS Act, which would stand up a U.S. regulatory framework for cryptocurrencies pegged to the value of the dollar, would deliver major crypto legislation to the Oval Office for the first time ever.