Trump and GOP lawmakers said that they had the votes necessary to pass landmark crypto legislation in the House.

Technology Technology   The Big Story Crypto bills stall amid GOP infighting The House floor was locked at a standstill Wednesday afternoon as a diverse array of House

But those efforts hit an early snag Tuesday, when several conservative Republicans joined with Democrats in blocking a procedural vote to allow consideration of three crypto bills as part of a dispute over how the measures should be packaged and considered.

Wholesale inflation remained unchanged in June, according to new Producer Price Index data. Meanwhile, "crypto week" in Washington has hit a snag as Republican lawmakers side with Democrats on cryptocurrency legislation.

Bitcoin rose over $123,000 on Monday, breaking its all-time high, as Congress considers several pieces of pro-crypto legislation.