Bitcoin has surged by 7.5% recently, reaching multiple all-time highs with its market capitalization hitting $3.65 trillion. This rally coincides with the Senate passing the GENIUS Act with a 66-32 vote, a legislative development seen as a regulatory milestone for the cryptocurrency market. The passage of the GENIUS Act is accompanied by a $2.1 billion strategic funding initiative. Meanwhile, the Cetus Protocol suffered a $223 million exploit, reigniting discussions about decentralization risks in the crypto space. Circle Payments has launched its services and is reportedly in acquisition talks with Coinbase, which recently joined the S&P 500 but faced a large customer data issue. Bitcoin's strong performance contrasts with equities, which declined last week despite the cryptocurrency's gains. Spot Bitcoin ETFs attracted $329 million in inflows, with Ethereum ETFs adding $64 million, while Ethereum itself surged 44.8% from recent lows. Analysts have also labeled the Pi Network as the "biggest rug of 2025." Market observers note Bitcoin's role as a leading indicator for stocks amid ongoing macroeconomic concerns including tariffs and capital controls. The overall market sentiment reflects a shift toward more rational regulatory approaches and growing investor interest in digital assets.