Bitcoin has reached a new high of $126,000, driven by increasing institutional adoption and significant policy developments. The spot Bitcoin ETF from BlackRock is nearing $70 billion in assets, highlighting the growing interest from major financial firms such as BlackRock, Vanguard, and JPMorgan in the cryptocurrency market. U.S. Treasury Secretary Scott Bessent has announced plans to integrate Wall Street more closely with the real economy through the 'Trump Account.' Meanwhile, the approval of Bitcoin ETFs remains a focal point, alongside progress in stablecoin legislation. Analysts suggest that while holiday liquidity might limit immediate gains, Bitcoin's price movements will likely be influenced by upcoming data and market sentiment.