See every side of every news story
Published loading...Updated

Bitcoin hits new all-time highs as it crosses past $120,000, fueled by ETF inflows

UNITED STATES, JUL 14 – Bitcoin's price rose over 28% this year driven by record $150 billion inflows into U.S. Bitcoin ETFs and advancing crypto legislation in Congress, signaling strong institutional demand.

  • On Monday , Bitcoin surged past $120,000 on Coinbase, extending its July rally with a new all-time high.
  • As regulatory momentum builds, the US House will vote on crypto bills, with Washington declaring the week of July 14 as “crypto week,” and BlackRock’s IBIT ETF reaching $83 billion AUM on Thursday.
  • Market metrics indicate sustained buying with record inflows and rising activity, as $2.7 billion weekly ETF inflows and daily Bitcoin transactions increased by 24,000 to 364,000 in two days.
  • Market breadth broadened as Bitcoin’s surge drove altcoin rallies, with James Butterfill noting that political developments and signals from the Federal Reserve are fueling gains.
  • With regulatory clarity on the horizon, projections point to new Bitcoin highs, as Nigel Green, CEO of deVere Group, forecasted a move to $140,000 then a pullback.
Insights by Ground AI
Does this summary seem wrong?

140 Articles

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 57% of the sources are Center
57% Center
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

https://mo.bi broke the news in on Sunday, July 13, 2025.
Sources are mostly out of (0)