
Bitcoin has reached a new all-time high of over $99,000 and is poised to surpass the $100,000 mark, suggesting that Bitcoin's price could accelerate further if this barrier is breached.

The proposal remains uncertain pending the 2025 financial bill's approval, leaving investors facing an unpredictable regulatory environment.

The system would require miners to pay taxes when mined cryptocurrencies enter their wallets and impose additional taxes on any unrealised gains when these assets are sold or transferred, while allowing deductions for losses.