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 July 14, 2025, Grayscale Investments from Stamford, Connecticut, notified the SEC with a non-public filing of a preliminary S-1 registration form.
  • Grayscale's filing follows its legal victory over the SEC regarding its spot bitcoin ETF, which spurred approval of multiple bitcoin ETFs.
  • On Monday, Bitcoin reached a new record high by exceeding the $120,000 mark amid robust institutional interest and a wider surge in cryptocurrency prices during the designated 'crypto week.'
  • Market analyst Tony Sycamore noted the surge is driven by institutional demand, expected gains, and support from Trump who calls himself the 'crypto president.'
  • This momentum coincides with Congress voting on bills like the Genius Act to regulate stablecoins, indicating a structural shift in crypto's regulatory environment.
Insights by Ground AI
Does this summary seem wrong?

144 Articles

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

Bias Distribution

  • 54% of the sources are Center
54% 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)

You have read 1 out of your 5 free daily articles.

Join millions of well-informed readers who use Ground to compare coverage, check their news blindspots, and challenge their worldview.