It’s been a summer to remember for crypto.

Bitcoin is eclipsing record highs, shares in crypto-related companies are soaring and Wall Street is rethinking its stance on the industry.

Once on the fringes of finance , cryptocurrency is now being embraced by a growing base of enthusiastic investors — and that’s driven in large part by the White House’s support. It’s integrating with traditional finance more than ever before, bolstered by sweeping legislative changes in Washington.

For example, President Donald Trump recently issued an executive order that opened the door for digital assets like crypto to be included in 401(k)s. This boosted bitcoin — the world’s largest cryptocurrency by market value — to a record high of $124,000 last week.

Anything related to bitcoin has been on fire

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