14-7-2025 – Bitcoin has broken through the $122,000 mark, reaching $122,491.05 USDT on Binance, marking a new all-time high with a 3.99% increase over the past 24 hours, according to Binance Market Data. The milestone, first reported by Binance, underscores the cryptocurrency’s relentless upward trajectory amid growing institutional adoption. The rally follows a wave of optimism in the crypto market, driven by significant inflows into Bitcoin exchange-traded funds (ETFs), which saw their second-largest daily inflow of $1.17 billion recently.
Analysts attribute the surge to a maturing market and increasing acceptance of Bitcoin as a store of value, with its market capitalization now exceeding $2.4 trillion. The recent movement of 80,000 BTC, valued at over $8.6 billion, from dormant 2011 wallets to modern SegWit addresses also signals renewed activity among long-term holders. Despite the bullish momentum, some traders warn of potential volatility.
Technical indicators suggest Bitcoin is testing uncharted territory, with resistance levels becoming harder to predict. The cryptocurrency’s rapid ascent has liquidated over $1.1 billion in short positions, prompting cautious optimism among investors eyeing alternative digital assets.
