🔥 Bitcoin Breaks Into Uncharted Territory—New ATH Unlocked!
koinmilyoner
Updated at: 4 hours ago
{"content":"🔥 Bitcoin Breaks Into Uncharted Territory—New ATH Unlocked! 🚀🪙
Bitcoin stays around $118,000 on Friday after hitting a record $123,218 earlier in the week.
Spot Bitcoin ETFs raised $2.02 billion on Thursday, reflecting strong corporate and institutional demand.
US legislators approved crypto-related GENIUS, CLARITY, and Anti-CBDC measures.
Bitcoin (BTC) reached a new all-time high of $123,218 this week before settling around $118,000 on Friday. Corporate and institutional demand drove BTC prices, with spot Bitcoin Exchange Traded Funds (ETFs) reaching $2.02 billion on Thursday. GENIUS, CLARITY, and Anti-CBDC laws have passed in the US, sending them to President Donald Trump for final approval.
Bitcoin hit an all-time high of $123,218 on Monday.
On Friday, BTC was the sixth-largest asset by market capitalization, overtaking Alphabet (Google) and Silver and approaching Amazon.
On the same day, the Financial Times claimed that Donald Trump would sign an executive order allowing 401(k)s to invest in cryptocurrencies.
Digital assets, precious metals like gold, and private loans might replace stocks and bonds in retirement plans if the rule passes.
Corporate and institutional demand is strong.
This week, corporate and institutional demand boosted bitcoin price. As of Thursday, SoSoValue data shows Bitcoin Spot ETFs have received $2.02 billion, the sixth week of positive flows since mid-June.
In addition to institutional inflow, K33 Research reported 64 new BTC treasury firm projects and 244,991 BTC acquisitions in the first half of 2025.
The technical picture implies BTC is approaching its all-time high.
After reaching an all-time high of $123,218 on Monday, Bitcoin fell to $115,736 on Tuesday. BTC rebounded from Tuesday's drop over the following two days and steadied around $118,850 on Friday.
BTC may return to $123,218 and beyond if it closes over $120,000 everyday.
#BTC #AltcoinBreakout #ETHBreakout3.5k #PowellVsTrump #BTC120kVs125kToday $BTC $ETH $XRP ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025072025/07/18/05e2a752e96e4b34b26d255cd8448e4d.png"],"tags":[],"tradingPairs":["XRP/USDT"],"quotearticleid":0}