Bitcoin Reaches New All-Time High
On July 14, 2025, Bitcoin reached a new all-time high of nearly $120,000, precisely between $119,999 and $121,000, depending on trading time and platform. This record marks a significant milestone for the largest and oldest cryptocurrency.
Trump’s Influence on the Rally
The strong price rally is significantly supported by the crypto-friendly policies of U.S. President Donald Trump. Since his election in November 2024, he has shown a positive regulatory stance towards Bitcoin and other cryptocurrencies. Particularly, the decision to impose tariffs of 30% on the EU and Mexico has heightened interest in Bitcoin as a hedge against economic uncertainties.
Factors Driving the Upsurge
- Sustained buying pressure and robust technical indicators signal further growth.
- Inflows into exchange-traded Bitcoin funds (ETFs), attracting institutional investors.
- Expected U.S. inflation data with rising living costs drive investors towards Bitcoin as an inflation hedge.
The market capitalization of all Bitcoins now stands at around $2.4 trillion, accounting for approximately 64 percent of the total cryptocurrency market. Other cryptocurrencies are also benefiting and recording gains in parallel with the Bitcoin boom.
Outlook
Experts like John Glover, CEO of Ledn, predict further price increases to about $136,000 by the end of the year, due to the sustainable rally momentum. In summary, Trump’s crypto-friendly policies, combined with macroeconomic factors, create a strong market environment in the summer of 2025.