14.07.2025

Bitcoin Breaks Through $120,000 for the First Time: Backgrounds and Influences

Bitcoin Reaches New All-Time High

On July 13, 2025, Bitcoin surpassed the mark of $120,000 for the first time, temporarily reaching over $121,000, marking a new all-time high. This rally is part of a strong upward trend that has been ongoing for several weeks and is supported by increased trading volume and growing market interest.

Influence of US Tariff Policy

An important factor contributing to the recent price increase is the political decision by US President Donald Trump to impose tariffs of 30% on imports from the EU and Mexico. This measure has been interpreted as a bullish signal for Bitcoin, as it amplifies uncertainties in traditional trade and drives investors toward alternative asset classes like cryptocurrencies.

Inflation Expectations and Their Impact

Moreover, the anticipated US inflation data is coming into focus: a rise in living costs could further fuel interest in Bitcoin as a hedge against inflation. Experts see the potential for the Bitcoin price to rise to about $136,000 by the end of the year.

Increasing Interest from Retail Investors

The growing relevance of Bitcoin is particularly evident among individual investors and smaller investors, who are increasingly placing their trust in the cryptocurrency – supported by crypto-friendly policies under President Trump and growing market acceptance.

Conclusion

  • Bitcoin reaches over $120,000 for the first time (all-time high).
  • Trump’s tariff policy is seen as a driving factor behind the price increase.
  • Expected inflation increases strengthen Bitcoin’s appeal as an investment.
  • Retail investors are showing increased interest in cryptocurrencies due to these developments.

This combination of political support and macroeconomic factors significantly contributes to the new record mark and underscores Bitcoin’s growing importance in the financial market.