July 02, 2025 - Bitcoin reached its highest price in three weeks, with Ethereum and Dogecoin also soaring. Market observers ask if Bitcoin will benefit from the passage of the 'Big Beautiful Bill' and the US debt ceiling increase. Bitcoin's short-term holder cost basis indicates $117K as the next price target, with some suggesting a $170K target as global M2 supply reaches a record high. Powered by LabCat AI research tools.