Bitcoin continued to grow on Monday and rose to a new record, above $ 120,000, stimulated by the growth of Bitcoin ETFs.
The price of the largest cryptily on market capital was briefly exceeded 121,249.90 dollars, according to Coin Metrics data.
Growth led to that Bitcoin reached new peaks in the middle of a greater influx in Bitcoin ETF. On Thursday, Bitcoin ETFs recorded their greatest living inflow in 2025. year of $ 1.18 billion.
– We believe that the rise of Bitcoin is encouraged by long-term institutional customers, and that will encourage it to $ 125,000 – said Jeff Mei, the main operating director of the CRIPTO BURZE BTSE, in the statement sent to CNBC.
– Trump’s trade disputes with states like EU, Mexico and other trade partners could cause falls in the coming week, but the institutional buyers of Bitcoine reduce this risk and maintain their positions where Bitcoin will continue to grow long – added.
Investors expect Bitcoin to reach new records this year because corporate cashiers accelerate their purchases Bitcoin, and the American Congress is approaching the adoption of new crypto legislation.
The US Department of Member will begin a hearing on a series of crypto laws aimed at providing a clearer regulatory framework for the digital asset industry.
The industry has long been sought by the industry, and supported by US President Donald Trump, who presented himself as a pro-crypto president and included in several crypto ventures, seeing SEEbiz.
