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Bitcoin Rocket Ship Blasts Past $119K as Bull Run Accelerates

2025-07-13 15:23:37

Bitcoin Rocket Ship Blasts Past $119K as Bull Run Accelerates

Main Idea

Bitcoin (BTC) surged past $119,444, setting a new all-time high amid a continued bull run, driven by significant inflows into spot bitcoin ETFs.

Key Points

1. Bitcoin (BTC) reached a new all-time high of $119,444 on July 13, 2025, surpassing the previous record of $118,839 set two days earlier.

2. The price briefly retraced after breaching the $120,000 resistance level.

3. The bull run is supported by significant inflows into spot bitcoin exchange-traded funds (ETFs).

Description

On July 13, bitcoin ( BTC) continued its record-setting bull run, eclipsing an all-time high of just over $118,839 set two days earlier to breach the $119,000 mark. The cryptocurrency, buoyed by a wave of institutional and retail optimism, peaked at $119,444 at around 10:15 a.m. Eastern time before briefly retracing its gains to consolidate

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