Bitcoin touched a milestone now, marking $120, 000. This reflects investor’s confidence and growing institutional participation. On July 14, 2025, it reached a new high of $121,344. (Photo: Social)
Bitcoin touched a milestone now, marking $120, 000. This reflects investor’s confidence and growing institutional participation. On July 14, 2025, it reached a new high of $121,344. The bullish sentiment in the cryptocurrency market is strengthening its growth.
This digital asset rose by as much as 1.9% in early Asian trading. It is now up approximately 30% since December. It follows a continuous consolidation phase where Bitcoin traded near the $100,000 mark for several months. Soon after the re-election of US President Donald Trump, Bitcoin gained a momentum. Trump is a pro-crypto, he has always supported Crypto and have been positive for the policy. Market then got a wider support, it worked positive for the market sentiment, despite concerns over economic and fiscal policies.
ETF Inflows, Risk Sentiment Lift Crypto Market
According to a trading company, the current rally is driven by reduced volatility and strong institutional inflows into spot Bitcoin and Ethereum exchange-traded funds (ETFs).
Other cryptocurrencies also gained a similar momentum, with Ether up 1.5%, while XRP and Solana both advanced 2.7% around noon in Singapore.
Market Outlook and Regulatory Developments
Analysts continue to monitor crypto market and its key resistance levels, with $125,000 seen as the next technical hurdle for Bitcoin.
Meanwhile, US congressional discussions, scheduled for “Crypto Week” are expected to influence market direction. The debate over new crypto legislation may provide greater regulatory clarity, which traders are watching closely.
Despite some skepticism, analysts acknowledged the supportive macro backdrop, including expectations of US monetary easing and continued fiscal expansion.
Also Read: Bitcoin Surpasses $118,000, Continues Record-Breaking Surge Amid ETF Boom And Trump’s Support
Ankur Mishra is a journalist who covers an extensive range of news, from business, stock markets, IPOs to geopolitics, world affairs, international crises, and general news. With over a decade of experience in the business domain, Ankur has been associated with some of the reputed media brands. Through a sharp eye on global marketplaces along with deep insights and analysis of business strategies, Ankur brings simplicity to the complex economic matrix to decode market trends and empower people.
He is committed to entrenched data, facts, research, solutions, and a dedication to value-based journalism. He has covered trade tariff wars, international alliances, corporate policies, government initiatives, regulatory developments, along with micro- and macroeconomic shifts impacting global fiscal dynamics.
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