Bitcoin (BTC) is trading above $118,000 at the time of writing on Monday, consolidating within a tight range after reaching a new all-time high of $123,218 in the previous week.
The cryptocurrency market showcases immense bullish potential, with Bitcoin (BTC) extending the price discovery phase to new record highs above $123,000 on Monday.
New Mexico’s city of Roswell was the first city in the US to establish a Bitcoin reserve in April 2025. The city established the reserve with the first donation of $3,000 toward the Bitcoin strategic reserve. The city’s target for the reserve is $1 million.