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.
144 Articles
144 Articles
Bitcoin breaks $123,000 price record as lawmakers begin 'Crypto Week' in Washington
Bitcoin hit a record high on Monday amid investors' optimism that the cryptocurrency may soon have more regulatory certainty with legislation moving through the Republican-led Congress.Investors on Monday pushed bitcoin above the $120,000 threshold for the first time, touching an all-time high above $123,000 before paring some of those gains and trending closer to $120,000. That brings the cryptocurrency's year-to-date gains to 28.5%.Bitcoin's r…
It’s ‘Crypto Week’ in the House—What to Expect
Bitcoin prices reached an all-time high of $120,000 as the United States kicked off “crypto week.” Washington will be voting on a trio of bills that could implement legislative changes for the cryptocurrency industry, potentially fulfilling President Donald Trump’s campaign promise of instating digital asset-friendly regulatory frameworks. “We are taking historic steps to ensure the United States remains the world’s leader in innovation, and I l…
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