Bitcoin hits a new all-time high at $123K as CZ reminds investors that today’s excitement could soon feel like history.
Despite Bitcoin’s surge, capital inflows are much lower than in 2024, suggesting investors are being more selective this cycle.
Institutional money remains steady as stablecoin flows stay flat, pointing to cautious optimism and growing market maturity.
Bitcoin has just hit a fresh all-time high of $123,091, reigniting excitement across the crypto space. Former Binance CEO Changpeng Zhao (CZ) has weighed in, calling this historic milestone “just a fraction” of what lies ahead. CZ reminded investors that after buying Bitcoin in 2014, it took three years to reach $1,000 again in 2017. Now, Bitcoin’s growth has outpaced all early expectations, and according to CZ, the future holds even bigger price levels.
Despite Bitcoin’s new ATH, market data shows surprising trends in capital participation. Analyst Ali pointed out that when Bitcoin hit $100,000 in December 2024, over $135 billion flooded into crypto markets. Today, with BTC at $118,000, only $51 billion in inflows has been recorded. This shows a stark difference in market behavior and signals a shift in investor sentiment.
Source: Ali
Capital Flows Highlight Diverging Trends
Ali’s chart breaks down Bitcoin’s journey from $60,000 in September 2024 to $117,000 in July 2025. The rise included an 80% rally into December followed by a deep correction. Prices dipped to around $85,000 in March before bouncing back toward new highs.
Besides price action, investment flows also tell a story. Positive inflows peaked during the late 2024 rally. Then, as the market corrected in early 2025, outflows increased sharply. However, Bitcoin and Ethereum still maintained positive net institutional positioning.
Consistent throughout, stablecoin positions imply cautious optimism. Before reentering the market, investors most likely stayed out of it and waited for trends. Institutional funds, however, did not disappear. The net institutional flow line remained high, indicating sustained confidence.
The post Bitcoin Hits $123K as CZ Predicts Much Bigger Moves Ahead appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
