Bitcoin Blows Past $122,000 in Milestone All-Time High
2025-07-14 05:35:38
Main Idea
Bitcoin prices surged to new highs, reaching $122,500 on Coinbase, amid positive market momentum and regulatory developments in the U.S., including key crypto bills under review.
Key Points
1. Bitcoin prices hit $122,500 on Coinbase and $122,376 on CoinGecko, marking a 3.5% daily gain and a new all-time high above $118,000 on July 11.
2. The U.S. House designated July 14-18 as 'Crypto Week,' reviewing three key bills: the GENIUS Act, CLARITY Act, and Anti-CBDC Surveillance State Act.
3. Analysts linked Bitcoin's rally to Donald Trump's proposed fiscal stimulus package (the 'Big Beautiful Bill'), signaling looser monetary policy.
4. Bitcoin's market capitalization reached $2.4 trillion, surpassing Amazon, with predictions of further growth.
5. Real-world asset tokenization outperformed meme coins and AI tokens, with Chainlink, Avalanche, Ondo Finance, and Algorand leading the market.
6. Ethereum rose to $3,050, its highest level since early February, despite muted gains compared to Bitcoin.
Description
Bitcoin prices reached $122,500 on Coinbase on July 14, according to TradingView. The peak was a little lower on other exchanges that don’t have premiums; however, CoinGecko also reported it at $122,376. The asset has notched a 3.5% gain on the day in its latest push above the $120,000 milestone price level. BTC broke into new price discovery on July 11 when it surged to a new peak above $118,000 within 24 hours. That momentum has continued into a new week, which should be laden with bullish ann...
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