Bitcoin surpassed $120,000 for the first time on Monday, marking a milestone for the world’s largest cryptocurrency as investors bet on long-sought policy wins for the industry this...

Bitcoin is up about 30% so far this year and its rise has lifted other coins too. Ether, the second-biggest token, climbed to a five-month high of $3,059. XRP and Solana also rose about 3% each.

Crypto investors are positioning for a wave of long-anticipated policy breakthroughs expected next week, which could unlock fresh investment into the digital asset sector.Anticipation around these...