UNIT.City — місце, де люди працюють... КРАЩЕ! Обирай свій простір просто зараз 👉
Марія БровінськаCrypto
14 July 2025, 08:05
2025-07-14
Bitcoin has renewed its all-time high and reached over $120,000. What is contributing to this?
Expectations of further positive developments in the industry helped bitcoin hit a new record of $121,207.55 during Asian trading on Monday, Reuters reported. Bitcoin has already risen 29% this year, and that rise has been a catalyst for a broader rally in the crypto market — even as uncertainty over Trump’s tariff policies continues. The total market capitalization of the entire cryptocurrency sector has reachedapproximately $3.78 trillion, according to CoinMarketCap.
Expectations of further positive developments in the industry helped bitcoin hit a new record of $121,207.55 during Asian trading on Monday, Reuters reported. Bitcoin has already risen 29% this year, and that rise has been a catalyst for a broader rally in the crypto market — even as uncertainty over Trump’s tariff policies continues. The total market capitalization of the entire cryptocurrency sector has reachedapproximately $3.78 trillion, according to CoinMarketCap.
We explain the reason for this dynamic.
First, the course is influenced by optimism about future regulation and legislation in the US. The US House of Representatives has begun discussing a number of bills that create a clear regulatory framework for cryptocurrencies. That is, Donald Trump, who positions himself as a «crypto-president», has given a signal for the development of the industry. In particular, stabilization bills and regulations for stable-coins are being considered — this strengthens investors and increases confidence.
Second, large companies such as MicroStrategy, GameStop, and even Japan’s Metaplanet are actively buying Bitcoin for their balance sheets. Spot ETFs (such as those from BlackRock and Fidelity) are showing significant capital inflows: they have accumulated almost $148 billion since the end of 2024.
Third, Bitcoin responds to investor sentiment: altcoins are also growing (Ether passed $3,000, Solana +4-5%). Often, Bitcoin’s rise to new record levels is accompanied by active short-term trading, closing of shorts, and entry of new buyers.
Trump, recession, crypto reserve: what will happen to the bitcoin exchange rate and how it is «backing up» the dollar. Let’s figure it out together with Bitget
