Bitcoin surges past the $120,000 threshold for the first time on July 14, surging to a record peak of $122,571, then settling around $121,952. That’s a daily gain of roughly 2.4 percent, pushing its 2025 gains to nearly 29 percent.
This scorching rally is powered by a wave of institutional ETF inflows, strong corporate treasury buys, and growing optimism around a friendlier regulatory climate in the United States. BlackRock, Fidelity, and other financial giants are pouring billions into spot Bitcoin ETFs, draining exchange liquidity and igniting a textbook supply squeeze.
2025 began as a rollercoaster ride for Bitcoin. Prices soared above $109,000 before plunging below $90,000 due to regulatory shakeups, exchange security incidents, and broader economic jitters. Flash crashes in April even wiped out 12 percent of value in a matter of minutes.
Since then, the mood has shifted. Long-term holders are holding tight, exchange reserves are nearing record lows, and algorithmic trading is smoothing out price action. The result is a calmer market that’s increasingly backed by institutional muscle.
Bitcoin’s circulating supply has dropped to its lowest point in years. ETFs and corporate treasuries now hold roughly a quarter of all Bitcoin.
Meanwhile, retail buying is heating up again. Major purchases by firms like Metaplanet and MicroStrategy, along with $1.18 billion in ETF inflows within a single week, are tightening supply even further.
Several key catalysts remain in play. Lawmakers in the U.S. are debating legislation that could offer long-awaited clarity for crypto regulation. Institutional adoption continues to rise as Bitcoin gains traction as a macro hedge and digital store of value. Corporate treasuries are building Bitcoin reserves not just for speculation but for long-term positioning.
Bitcoin’s legendary crypto volatility hasn’t vanished. Over $1 billion in short positions were liquidated last week alone, a reminder that momentum cuts both ways.
You can check how Bitcoin is moving against PKR via TechJuice website. Be sure to click here for the conversion.