The bitcoin exchange rate is holding near an all-time high despite the instability caused by the conflict in the Middle East and uncertainty in the US Federal Reserve policy. Prices for the cryptocurrency were supported by the inflow of funds into U.S. spot bitcoin ETFs. Over $300 million flowed into these funds last Friday, and on Monday one of the major managers announced the purchase of bitcoins worth more than $1 billion. Investors continue to perceive cryptocurrency as a protective asset amid inflation risks. In addition, today the U.S. Senate will hold a final vote on the GENIUS Act, a piece of legislation aimed at regulating the stablecoin market. Leading representatives of the crypto-industry consider the establishment of regulation of this class of instruments as a key factor in the growth of the digital asset market as a whole.