Members of the US Congress met with cryptocurrency industry leaders to discuss establishing a strategic Bitcoin reserve and market structure. Lawmakers, including Nick Begich and Bernie Moreno, engaged in a roundtable event with Strategy co-founder Michael Saylor to review the BITCOIN Act. Republican senators are also advancing a market structure bill, building on the CLARITY Act. The BITCOIN Act aims to establish a national reserve of up to 1 million BTC. The market structure bill will clarify regulatory oversight of crypto by US financial agencies.

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1. Bitcoin hits new all-time high of $63,000, surpassing previous record set in April. Market cap reaches $1.2 trillion, making it more valuable than many major companies. Investors optimistic about future growth potential.

2. Ethereum price also surges, reaching $2,500 for the first time. Market cap surpasses $300 billion, solidifying its position as the second largest cryptocurrency. Analysts predict further gains in the near future.

3. Dogecoin sees massive 400% surge in value after Elon Musk tweets support for the meme-based cryptocurrency. Price jumps from $0.05 to $0.30 in just a few days, sparking renewed interest from retail investors. Market cap surpasses $40 billion.: Crypto Execs Met With US Lawmakers To Discuss BTC Reserve, Market Structure