#BTC120kVs125kToday Here’s today’s snapshot of the crypto market 📊:
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🔥 Bitcoin (BTC) Highlights – July 14, 2025
New all-time high: BTC popped above $123,000 earlier today, briefly hitting $123,153 before cooling to around $122K .
Year-to-date surge: Up roughly 30% YTD, propelled by strong institutional buying and favorable U.S. political support .
Market cap milestone: Bitcoin’s market value surpassed Amazon’s, edging to about $2.4–2.43 trillion .
ETF inflows: Spot Bitcoin ETFs are seeing record inflows — up to **$1.18B in a single day **, $15B+ in recent weeks .
📜 Catalysts Behind the Rally
1. **“Crypto Week” in U.S. Congress**: House debates key bills — GENIUS, CLARITY, and Anti-CBDC Surveillance State — boosting market confidence .
2. Pro-crypto political tone: Former President Trump has branded himself the “crypto president” and is pushing for legislation supporting stablecoins and opposing a U.S. CBDC .
3. Institutional & global adoption: Central banks, wealth managers, and investors across Asia view Bitcoin increasingly as a reserve asset .
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🚀 Other Crypto Movers
Ethereum (ETH) reached a 5-month high at around $3,059 and is currently trading near $3,020, rising ~3% in the past 24 hours .
XRP, Solana, Ripple: All gained ~3% amid the rally. XRP is now hovering near $3 .
Overall market cap: Total crypto market capitalization climbed to approximately **$3.8–3.81 trillion ** .
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🧭 Outlook & Considerations
Next targets: Analysts foresee upside approaching $125K for Bitcoin, with some projecting a year-end high of $200K .
Legislative clarity could draw even more capital, particularly to stablecoin platforms and ETFs .
Risks remain: Potential heat from trade tensions, Federal Reserve policy tightening, or a stalled legislative push could slow momentum .
. $BTC