US EditionBitcoin 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 reached a new milestone by climbing above $120,000, hitting an all-time peak of $123,153.22 as market enthusiasm remained strong.
- This surge followed Donald Trump's election as 'crypto president' on November 5, 2024, and was supported by renewed institutional demand and policy expectations.
- Market actors reported rising shares in crypto-related stocks like Coinbase, Strategy, and Mara Holdings, while ETFs from China AMC and others hit record highs, reflecting speculative enthusiasm.
- Analyst Tony Sycamore noted that several positive factors are currently driving momentum, including robust institutional interest, anticipated price increases, and backing from Trump.
- Grayscale Investments filed confidentially for an IPO on July 14, 2025, signaling growing corporate moves as Congress votes on crypto bills during the declared 'crypto week', shaping future regulation.
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161 Articles
Experts say the price of the world’s largest cryptocurrency could exceed $125,000 this year
Coverage Details
Total News Sources161
Leaning Left20Leaning Right9Center34Last UpdatedBias Distribution54% Center
Bias Distribution
- 54% of the sources are Center
54% Center
L 32%
C 54%
14%
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