Yeliz Akmaca 
As of July 14, 2025, Bitcoin (BTC) is trading at $122,357. Rising 3.9% in the last 24 hours and gaining over 12% in a week, this surge reflects peak investor interest and rapidly increasing buying pressure. The US House of Representatives is set to vote on the Clarity Act this week. If the bill passes, Bitcoin could potentially reach a new record of $136,000.
At the same time, investors appear to be increasing their positions. According to Coinglass data, Bitcoin’s open interest has reached $85 billion — the highest level ever recorded. This indicates strong bullish sentiment and expectations of a major BTC price jump. Moreover, upcoming CPI and PPI reports have strengthened expectations of a Fed rate cut, further supporting BTC’s upward momentum.
Clarity Act and Crypto Week 2025: A Crucial Period for Bitcoin
Crypto Week 2025 is taking place between July 14–18. During this time, the Clarity Act is expected to be brought to the floor. The bill aims to clarify the jurisdiction of SEC and CFTC over crypto assets in the US. If passed, regulatory uncertainty surrounding Bitcoin could ease, potentially attracting more institutional investors.
Optimism around the Clarity Act contributed positively to BTC price momentum at the start of Crypto Week 2025. Expectations that regulatory uncertainty will end have boosted investor appetite. Inflation data released before the July FOMC meeting also raised risk-on sentiment, further supporting BTC’s rally. In addition, speculation over potential Fed rate cuts in the coming months is fueling Bitcoin’s continued rise.
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