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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 extended its July rally by surpassing $120,000, supported by record ETF inflows and market momentum.
  • Earlier this month, Washington declared the week of Jul 14 as “crypto week,” when U.S. Congress will vote on key crypto bills, with BlackRock’s IBIT ETF reaching $83 billion AUM on Thursday.
  • Market metrics indicate sustained buying with record inflows and rising activity, including $2.7 billion weekly ETF inflows and daily Bitcoin transactions rising by 24,000 to 364,000.
  • Market breadth broadened as Bitcoin’s surge drove altcoin rallies, James Butterfill said that political developments and signals from the Federal Reserve are fueling the momentum.
  • 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.
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https://mo.bi broke the news in on Sunday, July 13, 2025.
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